Reported 5 months ago
The article discusses Qualcomm's recent stock performance, highlighting its rally to all-time highs in 2024 despite previous setbacks. Qualcomm's profitability has been boosted by newer markets such as autos and PCs, with the potential for further growth in these areas. The company's focus on high-profit margins, alongside developments in its PC and automotive chip businesses, could lead to continued profitability. At 27 times trailing-12-month EPS, Qualcomm is seen as a good value investment, with expectations of low-teens growth in earnings per share in the coming years.
Source: YAHOO