QCOM or AMAT: Which Is the Better Value Stock Right Now?

Core Viewpoint - Investors in the Electronics - Semiconductors sector should consider Qualcomm (QCOM) and Applied Materials (AMAT) for potential value opportunities [1] Valuation Metrics - Qualcomm has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while Applied Materials has a Zacks Rank of 3 (Hold) [3] - QCOM's forward P/E ratio is 12.54, compared to AMAT's forward P/E of 16.18, suggesting QCOM may be undervalued [5] - The PEG ratio for QCOM is 1.36, while AMAT's PEG ratio is 1.60, indicating QCOM has a more favorable growth outlook relative to its valuation [5] - QCOM's P/B ratio is 6.14, while AMAT's P/B ratio is 6.61, further supporting QCOM's relative valuation attractiveness [6] - Based on these metrics, QCOM holds a Value grade of B, while AMAT has a Value grade of C [6] Conclusion - QCOM has demonstrated stronger estimate revision activity and more attractive valuation metrics than AMAT, making it a superior option for value investors at this time [7]