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Qualcomm (QCOM): Share price cycles in bullish 'pennant' formation

 Jun 17, 2008 11:22 AM UTC
Return Risk
-39.94% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
NOK n/a
TXN n/a
CDMA n/a
QCOM Positive 06/17/08 -38.87% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Analyst upgrades and downgrades, Good news, Nokia Corp. (NOK), QUALCOMM Inc (QCOM), Texas Instruments (TXN), Technical Analysis, Stocks to Buy

Qualcomm (NASDAQ: QCOM) designs, develops, manufactures and markets digital wireless telecommunications products and services based primarily on its Code Division Multiple Access (CDMA) technology. The firm supplies integrated circuits and system software for voice and data communications, multimedia devices and global positioning products. It also licenses CDMA semiconductor technology and software to more than 100 other equipment and cell phone makers. The Qualcomm Ventures unit invests in wireless communications and Internet startups. Major competitors include Nokia (NYSE: NOK) and Texas Instruments (NYSE: TXN).

The company pleased investors last week, when it guided fiscal Q3 EPS to 54-55 cents (50-52 cents pr

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