Investors might want to bet on Qualcomm (QCOM) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Individua ...

Qualcomm said on Tuesday that it expects its so-called internet of things business to more than quadruple in sales by 2029 to around $22 billion. Of that amount, roughly $4 billion will come from PC chips, Qualcomm said at its investor day on Tuesday. The chipmaker just introduced PC processors earlier this year, when it released Snapdragon X for Windows devices. The latest forecast marks an important milestone for Qualcomm CEO Cristiano Amon, who took over the company in 2021 with a promise to get past a r ...

It's been a while since I updated my opinion on Qualcomm ( QCOM ). The last article I wrote on the company was in July of 2023. My argument at the time was itI'm a full time value investor and writer who enjoys using classical value ratios to pick my portfolio. Long-term focused on low P/B, P/FCF, Owner Earnings discounting, PEG ratios, the Graham Number and an occasional net-net hunter. I also believe tracking earnings growth versus price appreciation is an essential element to any quality evaluation.I adv ...

Following our latest coverage , Qualcomm's (NASDAQ: QCOM ) performance remained relatively muted despite an earnings and revenue beat, presenting a potential accumulation opportunity for long-term investors. QCOM has strategically positioned to capitalize on explosive growth in automotive, IoT, and AIYiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting ...

I'm specialized in fundamental equity research, global macro strategy, and top-down portfolio construction. I graduated from UCLA with a degree of Business Economics and UMich Ross School of Business with a Master of Accounting. I'm a senior analyst at a multi-strategy hedge fund. In my opinion, HODL can't generate significant alpha or maintain a high Sharpe ratio over the long run. Seeking Alpha requires active management and minimizing opportunity costs. Investors should understand seeking a high positive ...

AI could become a multitrillion-dollar industry. There are still high-quality stocks with compelling risk-reward upside potential. Here are three of them.The stock market has ridden the excitement for artificial intelligence (AI) to new heights. It's not all hype; according to McKinsey, AI could add as much as $13 trillion to the global economy by 2030. Sure, some stocks have risen faster than others, so perhaps some stocks have gotten too expensive.However, there are still top-notch AI stocks worth buying ...

The robust demand for generative AI smartphones could give this chipmaker a big boost in 2025.Qualcomm (QCOM -2.12%) stock hasn't exactly set the market on fire this year as compared to some other illustrious names in the semiconductor industry. Shares of the chipmaker are down 26% since hitting a 52-week high on June 18 as of this writing.As a result, Qualcomm has underperformed the PHLX Semiconductor Sector index's returns in 2024 with gains of 16% as of this writing. However, the company's latest results ...

Qualcomm (QCOM -1.83%) is one of the lesser-known AI stocks that investors should not neglect. *Stock prices used were the afternoon prices of Nov. 11, 2024. The video was published on Nov. 13, 2024. ...

Indicators point to considerable gains for these three tech names.Even if an investor starts from a relatively large base, achieving a $1 million net worth in the stock market is a challenging feat. If one finds a stock on track for massive gains in a shorter period, like a year, forecasting such growth and sustaining it over a long period of time is quite another matter.Fortunately, the market offers innovative stocks set to benefit from such trends. Admittedly, the market offers no guarantees, but given t ...

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