Company Of The Day: Qualcomm

+46.71%
Upside
115
Market
168
Trefis
QCOM: Qualcomm logo
QCOM
Qualcomm

What?

Qualcomm (NASDAQ:QCOM) posted a stronger than expected set of Q4 FY’21 results last week, as the company’s smartphone chip sales jumped 56% year-over-year, despite the ongoing chip shortage.

Why?

Relevant Articles
  1. Qualcomm Stock Has More Than Doubled The Market Returns Since 2017- Here’s Why
  2. Up 10% In The Past Month, Can Qualcomm Stock Continue Outperforming?
  3. Stellar Revenue Growth Has Helped Qualcomm Return 2x The Market Returns
  4. Qualcomm Stock Has Returned 2x More Than The S&P 500 Since 2018- Here’s Why
  5. Here’s Why Qualcomm Stock’s 2.5x Rise Since 2018 Does Not Come As A Surprise
  6. Consistent Sales And Margin Growth Makes Thermo Fisher Scientific Stock Attractive

Demand for the company’s chips has been strong and Qualcomm has also been able to secure supply by banking on multiple foundries for production.

So What?

QCOM stock has rallied by over 15% since its earnings were published last Wednesday.

See Our Complete Analysis For Qualcomm

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since 2016.

Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates