"Qualcomm (NASDAQ: QCOM) is a play on the growth of the 3G smartphone industry," says growth stock expert Paul Tracy.
In his always-fascinating StreetAuthority Market Advisor, he explains, "QCOM owns the dominant 3G technology and stands to benefit from the coming wave of 3G smartphone handset introductions."
"Qualcomm sells semiconductor chips and licenses products based on a technology known as code division multiple access (CDMA). CDMA is a cell-phone technology that enables 3G cellular telecom services. The chips and components QCOM sells are found in these 3G mobile phones.
"Yes, the market is declining. And, yes, it is often scary to buy during such market periods. Nevertheless, there's an adage that 'the best time to invest was yesterday; the next best time is today'.
"Indeed, countless studies have shown that the best thing any investor can do is invest early and often. That is the best way to maximize the power o
Incredibly, there is a well-known technology stock that is close to a 52-week high, is enjoying rising earnings estimates, and is still generally loved by the analyst community. Can you guess which one it is? Congratulations if you said Qualcomm (QCOM).
For those that don’t know, the company is a digital wireless telecommunications firm that sells [...]
Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday June 19. <!---->
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Bullish calls:
Wal-Mart (WMT): "I only like Costco…I like Wal-Mart … I like TJX and I like Urban Outfitters." Costco (COST), TJX Companies (TJX), Urban Outfitters (URBN) Qualcomm (QCOM): "…buy, buy, buy. It's going higher... congratulations, you go it, and I missed it." General Steel (GSI): "I like the steel business in general." United States Steel (X), Reliance Steel (RS) Gran Tierra Energy (GTE): "I don't want you to run for the exits... Buy some more if it goes under $7.
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 ce
"In 1999, Qualcomm (NASDAQ: QCOM) went from less than $4 to over $92; but the party came to a screeching halt over the next three years," recalls Chuck Carlson, an expert on stocks that offer dividend reinvestment plans.
In The DRIP Investor, he explains, "The stock has been stuck in a trading range for the last four years. But that looks like it is about to end, as it recently moved to a new 52-week high and is setting its sites on its 2006 high of $53."
"Strong earnings and greater visibility on some litigation matters should pave
In June 5’s “Web Extra: Suspicious Stock” which Fast Money trader wanted to share his/her investment doubts?
We ran out of time on TV but Guy Adami wants you to know about this stock. In Thursday’s Web Extra find out what happened that’s making him suspicious.
The stock in question was Nucor (NUE), and Adami felt that the company’s guidance increase may signal an acquisition. Nucor shows up in the models I follow for having a particularly high accrual ratio, which is often a signal of poor earnings quality. It also has strong price momentum, which can be both a blessing and a curse for invest
"In 1999, Qualcomm (NASDAQ: QCOM) went from less than $4 to over $92; but the party came to a screeching halt over the next three years," recalls Chuck Carlson.
In The DRIP Investor, he explains, "The stock has been stuck in a trading range for the last four years. But that looks like it is about to end, as it recently moved to a new 52-week high and is setting its sites on its 2006 high of $53."
"Strong earnings and greater visibility on some litigation matters should pave the way for solid gains in the second half of 2008.
"Technology stocks should remain among the market’s leading sectors,
"Uncertainty about the legal disputes has weighed on Qualcomm (NASDAQ: QCOM)," says Richard Moroney, who rates the stock a long-term buy.
The editor of Dow Theory Forecasts explains, "Though the court case may distract investors, Qualcomm’s long-term fundamentals appear solid." Here's his bullish outlook.
"The company is embroiled in disputes over royalty fees paid for use of its patents, particularly by one of its largest customers, Nokia. In March, the combatants agreed to consolidate a host of lawsuits into one case to be heard later this year and likely to be decided by year’s end.
Oppenheimer is out with a pretty big call on Qualcomm (NASDAQ:QCOM), saying they are bullish on the stock and see several reasons to buy the shares. Actually, there are 5 of them:
1) First, OpCo sees strong support for their FY09 estimate of $2.42 and meaningful upside as the 3G smart-phone arms race escalates with RIM and Apple joining the fray.
5/4 - "Gobi, Qualcomm’s embedded dual-standard chipset for laptops has helped the company gain traction with laptop vendors. Till date five major OEMs are embedding the mobility solution in their laptops...Qualcomm also offers the Snapdragon and the Snap Star solutions that, in my opinion, are taking on Intel’s Ultra-mobile PC (UMPC) and Mobile Internet Devices (MID) initiatives. While Intel approaches these convergence initiatives as a reduction in the form-factor and power consumption, Qualcomm has proven competency in building high-performance mobile chipsets."
"While it is difficult to...
5/7 - "We reiterate our Buy recommendation and the same valuation target for Qualcomm (QCOM), the largest developer of digital wireless chipsets based on CDMA technology, following the company's second quarter fiscal 2008 financial results (ended March). As further support to our rating, the company raised its financial outlook for full fiscal year 2008, despite facing a weak U.S. economy.
Qualcomm's fundamentals remain compelling as robust growth in the 3G wireless handset market (for both WCDMA and CDMA 2000 technology) are driving healthy product sales....Multiple WCDMA operators have a...
5/16 - ""Uncertainty about the legal disputes has weighed on Qualcomm (NASDAQ: QCOM)," says Richard Moroney, who rates the stock a long-term buy. The editor of Dow Theory Forecasts explains, "Though the court case may distract investors, Qualcomm's long-term fundamentals appear solid."
"Barring a disastrous court loss, which seems unlikely, Qualcomm shares should benefit. Any resolution will reduce uncertainty. By the end of this year, Qualcomm should be able to jettison some of the baggage holding back its stock.
"While the U.S. economic slowdown has sparked fears of a decline in demand ...
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QCOM
About QUALCOMM Inc
- Answers.com
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1) First, OpCo sees strong support for their FY09 estimate of $2.42 and meaningful upside as the 3G smart-phone arms race escalates with RIM and Apple joining the fray.
