Zacks.com featured highlights include Constellation Brands, Stryve Foods, Canoo, Fortuna Mining and Qualcomm
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 30 2024
0mins
Should l Buy QCOM?
Source: NASDAQ.COM
Investment Strategy: The article discusses the strategy of investing in stocks with low and rising price-to-earnings (P/E) ratios, highlighting that a lower P/E can indicate potential for growth while a rising P/E suggests investor confidence in future earnings increases.
Highlighted Stocks: Five stocks are featured as promising investments based on their strong earnings surprises and rising P/E ratios: Constellation Brands, Stryve Foods, Canoo, Fortuna Mining Corp., and Qualcomm.
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Analyst Views on QCOM
Wall Street analysts forecast QCOM stock price to rise
16 Analyst Rating
10 Buy
5 Hold
1 Sell
Moderate Buy
Current: 127.280
Low
165.00
Averages
197.14
High
225.00
Current: 127.280
Low
165.00
Averages
197.14
High
225.00
About QCOM
Qualcomm Incorporated is engaged in the development and commercialization of foundational technologies for the wireless industry, including third generation (3G), fourth generation (4G) and fifth generation (5G) wireless connectivity, and high-performance and low-power computing, including on-device artificial intelligence. Its segments include Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL) and Qualcomm Strategic Initiatives. QCT develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies, including radio frequency front-end, digital cockpit and advanced driver assistance and automated driving, Internet of things including consumer electronic devices, industrial devices and edge networking products. QTL grants licenses or otherwise provides rights to use portions of its intellectual property portfolio that includes certain patent rights essential to and/or useful in the manufacture and sale of certain wireless products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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