Qualcomm: Undervalued Chip Stock in Breakout Uptrend

As we start into the back half of July, tech giant Qualcomm Inc. NASDAQ: QCOM continues to build on an uptrend that began quietly in April. It's not flashy, but this sustained rally matters for a stock that's spent much of the past couple of years frustrating investors with choppy, sideways action. QUALCOMM TodayQCOMQUALCOMM$152.70 -1.37 (-0.89%) 52-Week Range$120.80▼$200.00Dividend Yield2.33%P/E Ratio15.55Price Target$185.77Add to WatchlistThey haven't yet reclaimed their highs from February 2025, but sha ...