Qualcomm: Buy The Drop (Rating Upgrade)

When I last covered Qualcomm (NASDAQ: QCOM ) in late May 2024, the stock was ramping up sharply within a strong bull trend and was in the process of rallying toward its all-time high of $230.63 on June 18th. On the positiveAnalyst’s Disclosure: I/we have a beneficial long position in the shares of QCOM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no ...