The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Qualcomm (QCOM) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.Qualcomm is a member of the Computer and Technology sector. This group includes 618 individual stocks and currently holds a Zacks Sector Rank of #5. The Za ...

Qualcomm Incorporated (QCOM) recently partnered with Google to release an optimized Chrome browser designed for Windows PCs powered by Snapdragon. The launch of an improved iteration of Chrome precedes the expected release of Snapdragon X Elite compute platforms in mid-2024. These advancements will empower Windows PC users with access to significantly faster web browsing capabilities.The new Chrome version demonstrated remarkable performance enhancements compared to previous versions in a preliminary trial ...

Zacks Premium and Style Scores - Zacks Premium provides daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens to help investors make informed decisions [1] - The Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, assigning ratings from A to F, with A being the best [2] - The Style Scores are divided into four categories: Value Score, Growth Score, Momentum Score, and VGM Score [2][3][4] - The VGM Score combines all three Style Scores (Value, Growth, Momentum) to provide a comprehensive indicator for stock selection [4] - The Zacks Rank, which uses earnings estimate revisions, has a strong track record, with 1 (Strong Buy) stocks delivering an average annual return of +25.41% since 1988, outperforming the S&P 500 [5] - Investors should focus on stocks with a Zacks Rank 1 or 2 and Style Scores of A or B for the highest likelihood of success [6] Qualcomm (QCOM) Analysis - Qualcomm designs, manufactures, and markets digital wireless telecom products and services based on CDMA technology, with two reporting segments [7] - QCOM has a Zacks Rank of 3 (Hold) and a VGM Score of B, with a Momentum Style Score of B and a 3.8% share price increase over the past four weeks [7] - Nine analysts revised their earnings estimates higher for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.40 to $9.57 per share [8] - QCOM has an average earnings surprise of 5.9%, making it a stock to watch for momentum investors [8]

Qualcomm (NASDAQ:QCOM) is a leading player in mobile connectivity, focused on developing key wireless technologies for smartphones and networks. QCOM stock operates in three primary business segments: chipsets and software, intellectual property licensing, and investment in 5G and AI technologies. You can see the company’s dedication to innovation via the Snapdragon 8 Gen 3 platform, which powers the OnePLus 12. The company’s Q1 2024 results also cement Qualcomm among the best semiconductor stocks worth con ...

Qualcomm (QCOM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this chipmaker have returned +8%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Wireless Equipment industry, which Qualcomm falls in, has gained 5.6%. The key question now is: What could be the stock's future direction?While media releases or rumors abo ...

Qualcomm Incorporated (QCOM) introduced the Snapdragon 8s Gen 3 mobile platform specifically engineered for Android flagship smartphones. The solution is designed to improve user experience with on-device generative AI capabilities and advanced photography features. The latest addition to Qualcomm’s premium Snapdragon 8 series is already witnessing significant market traction among leading smartphone manufacturers.Major players in the smartphone industry, including Realme, Honor, iQOO, Redmi and Xiaomi, are ...

Qualcomm (NASDAQ:QCOM) is well-positioned to benefit from the proliferation of localized artificial intelligence, the increased digitalization of automobiles, and the rapidly increasing sales of Samsung smartphones. Over the longer term, QCOM stock could also get a considerable boost from Apple’s (NASDAQ:AAPL) renewal of its modem deal with the chip maker. Finally, Qualcomm recently reported encouraging quarterly financial results, and the valuation of QCOM stock is relatively low. Given all of these points ...

Amid the focus on artificial intelligence (AI), numerous investors have turned to "Magnificent Seven" stocks like Nvidia. Indeed, all seven of those stocks utilize the technology, which has likely contributed to rising share prices.That does not mean investors should forget chip stock Qualcomm (QCOM -2.93%). The smartphone chipset maker leads the way in 5G chips and is diversifying its revenue base into other areas, including areas that will rely on AI.Qualcomm's stock suffered amid sluggish smartphone sale ...

Qualcomm (QCOM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this chipmaker have returned +12% over the past month versus the Zacks S&P 500 composite's +2.9% change. The Zacks Wireless Equipment industry, to which Qualcomm belongs, has gained 7.5% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or ru ...

SAN DIEGO--(BUSINESS WIRE)--Qualcomm Incorporated (NASDAQ: QCOM) today announced that its Board of Directors has approved an increase in the Company’s quarterly cash dividend from $0.80 to $0.85 per share of common stock. This dividend increase will be effective for quarterly dividends payable after March 21, 2024 and will raise the annualized dividend payout to $3.40 per share of common stock. Cristiano Amon, President and CEO of Qualcomm Incorporated, said, “ We are pleased to announce an increase in our ...