Qualcomm Stock Is Down 28%. Is This a Once-in-a-Lifetime Buying Opportunity?

It's been tough to be a Qualcomm (NASDAQ: QCOM) shareholder lately. The stock price is down 28% just since its early January peak and is still knocking on the door of a new 52-week low. Blame the global shortage of memory chips, mostly, which undermined its guidance for the fiscal second quarter now underway. The company's looking for sales of somewhere between $10.2 billion and $11 billion, versus consensus estimates of $11.1 billion. Growing competition and the stock's frothy valuation were also a conce ...