Buy Alert: Analysts Project 50%+ Upside for Qualcomm Stock's AI-Driven Future

Surging over 53% so far in 2024, Qualcomm (NASDAQ:QCOM) stock is seeing strong price appreciation this year. Yes, the stock has dipped recently, but it has seen robust demand materialize into a rising stock price.The question is whether this growth can continue. The Mizuho Group thinks so, placing a $240 price target on the stock, adding more optimism for Qualcomm investors.With its strong revenue from its automotive segments, the company saw a 35% increase in the previous quarter. This places Qualcomm in a ...