Qualcomm's Weak Guidance Sparks A Mispricing, Not A Structural Shift

Core Viewpoint - Qualcomm is evolving beyond being solely a handset play, with stock performance showing volatility, peaking over $205 in October before declining [1] Company Analysis - The stock was rated a Buy near $160, indicating a positive outlook at that time [1] - The company has seen significant stock price movement, reflecting market dynamics and investor sentiment [1] Investment Strategy - The focus is on providing a clear and disciplined analysis of companies, emphasizing the importance of numbers and underlying business performance rather than narratives [1]