Qualcomm: What Monday's Jump Tells Us About the Stock's Prospects

QUALCOMM TodayQCOMQUALCOMM$157.28 +1.87 (+1.20%) 52-Week Range$120.80▼$230.63Dividend Yield2.26%P/E Ratio16.78Price Target$189.88Add to WatchlistAfter months of false starts and frustrating sideways action, Qualcomm Inc. NASDAQ: QCOM gave investors something to get excited about on Monday. Shares of the tech giant jumped 4% in one of their best single-day performances in recent weeks, dramatically outperforming the broader S&P 500, which gained less than 1% on the day. The move pushed Qualcomm stock to its ...