Reported 2 days ago
Bernstein recently reaffirmed an 'Outperform' rating for Qualcomm (NASDAQ:QCOM), likening it to the 'Rodney Dangerfield' of semiconductor stocks due to its previous lack of respect despite strong fundamentals. Analyst Stacy Rasgon notes that Qualcomm is evolving, with a diversified revenue stream and stabilization in the smartphone market, which could positively impact its stock value despite current challenges.
Source: YAHOO