Company Of The Day: 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?
- Will Qualcomm Stock Return To Pre-Inflation Shock Highs Of $189?
- Will Qualcomm Stock Return To Pre-Inflation Shock Highs Of $190?
- With Expectations Low For Q4, Will Qualcomm Spring A Surprise?
- Will Qualcomm Stock Return To Pre-Inflation Shock Highs Of Over $180?
- Will Qualcomm Stock Recover To Highs Seen Prior To Inflation Shock?
- Can Qualcomm Count On Automotive Sector To Drive Its Next Wave Of Growth?
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.