Latest news with #QCOM
Yahoo
4 days ago
- Business
- Yahoo
Analyst Explains Why He's Buying Qualcomm (QCOM) Despite Fading Hopes of Cellphone ‘Super Cycle'
Jim Lebenthal from CNBC Investment Committee explained in a recent program why he's buying Qualcomm Inc (NASDAQ:QCOM) despite not having much hope for the cellphone market: 'Qualcomm, it's a little bit different in that the earnings revisions are very slightly upwards, but there I'm being anticipatory and I think those earnings revisions are going to start marching higher, not on the back of cell phones, which we all know waiting for this much heralded super upcycle is not happening. But where Qualcomm's going to really get the earnings revisions upward is in automotive and internet of things, the latter of which also does play into the data center buildout.' A technician testing the latest 5G device, demonstrating the company's commitment to innovation. Mairs & Power Balanced Fund stated the following regarding QUALCOMM Incorporated (NASDAQ:QCOM) in its Q1 2025 investor letter: 'The Information Technology sector underweight had the largest relative impact on returns during the quarter. Only one of the Fund's technology holdings posted a positive quarterly return – QUALCOMM Incorporated (NASDAQ:QCOM) – making this a somewhat hollow outperformance. Qualcomm is a 'value tech' company which has enviable cash flows but we believe has been consistently underappreciated in the market for its technology licensing business, which has frequently been targeted for legal action by some of its major customers. However, we believe it continues to prove its best-in-class technology and, despite companies attempting to circumvent Qualcomm, we continue to see a long-term position in the wireless technology space for the company.' While we acknowledge the potential of QCOM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
5 days ago
- Business
- Yahoo
Analyst Explains Why He's Buying Qualcomm (QCOM) Despite Fading Hopes of Cellphone ‘Super Cycle'
Jim Lebenthal from CNBC Investment Committee explained in a recent program why he's buying Qualcomm Inc (NASDAQ:QCOM) despite not having much hope for the cellphone market: 'Qualcomm, it's a little bit different in that the earnings revisions are very slightly upwards, but there I'm being anticipatory and I think those earnings revisions are going to start marching higher, not on the back of cell phones, which we all know waiting for this much heralded super upcycle is not happening. But where Qualcomm's going to really get the earnings revisions upward is in automotive and internet of things, the latter of which also does play into the data center buildout.' A technician testing the latest 5G device, demonstrating the company's commitment to innovation. Mairs & Power Balanced Fund stated the following regarding QUALCOMM Incorporated (NASDAQ:QCOM) in its Q1 2025 investor letter: 'The Information Technology sector underweight had the largest relative impact on returns during the quarter. Only one of the Fund's technology holdings posted a positive quarterly return – QUALCOMM Incorporated (NASDAQ:QCOM) – making this a somewhat hollow outperformance. Qualcomm is a 'value tech' company which has enviable cash flows but we believe has been consistently underappreciated in the market for its technology licensing business, which has frequently been targeted for legal action by some of its major customers. However, we believe it continues to prove its best-in-class technology and, despite companies attempting to circumvent Qualcomm, we continue to see a long-term position in the wireless technology space for the company.' While we acknowledge the potential of QCOM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Alphawave IP downgraded to Hold from Buy at Jefferies
Jefferies downgraded Alphawave IP (AWEVF) to Hold from Buy with a price target of 183 GBp, up from 160 GBp. The firm notes it had upgraded Alphawave to a Buy on April 3, when Qualcomm (QCOM) first confirmed that it was considering making an offer. Qualcomm's subsequent cash offer of 183 GBp per share has driven shares to 173 GBp currently, notes the analyst, who reduced the firm's rating given the market has 'largely priced in the cash/share offer.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on QCOM: Disclaimer & DisclosureReport an Issue NVDA, TSMC, AVGO: Chip Stocks Fall on Reports U.S. May Further Restrict Exports to China Private Markets: Ramp raises $200M, Teamworks secures $235M U.S. plans crackdown on allied chip plants in China, WSJ reports Qualcomm (QCOM) Executes $2.4Bn AI Data Center Market Counteroffensive Qualcomm price target lowered to $200 from $245 at BofA Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
Why Income Investors Are Paying Attention to QUALCOMM
QUALCOMM Incorporated (NASDAQ:QCOM) is one of the 10 Technology Dividend Aristocrats to Buy in 2025. QUALCOMM Incorporated (NASDAQ:QCOM) is a California-based multinational company that creates semiconductor software and services related to wireless technology. The company is increasingly catching the eye of income-focused investors thanks to its ability to strike a balance between technological innovation and steady income distribution. An aerial view of a bustling semiconductor production zone showcasing the company's integrated circuits. QUALCOMM Incorporated (NASDAQ:QCOM) currently pays a quarterly dividend of $0.89 per share, following a 4.7% increase announced in March. This marked its 21st consecutive year of dividend hikes, putting it just four years away from achieving a prestigious Dividend Aristocrat status. While strong cash flow supports this dividend growth, it's the company's prudent payout ratio that truly supports its dividend strength. Over the past five years, QCOM has maintained an average payout ratio of 40%, and its trailing twelve-month figure is even lower at 34.6%. These numbers indicate ample financial flexibility for reinvestment, innovation, and rewarding shareholders. In the most recent quarter, QUALCOMM Incorporated (NASDAQ:QCOM) spent $2.2 billion on research and development and distributed $938 million in dividends, demonstrating its ability to invest in growth while maintaining consistent shareholder returns. The company closed the quarter with $7.2 billion in cash and equivalents and reported $7.1 billion in operating cash flow, an increase from $6.5 billion a year earlier. As of June 22, QUALCOMM offers a dividend yield of 2.35%. While we acknowledge the potential of QCOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None. Sign in to access your portfolio
Yahoo
23-06-2025
- Business
- Yahoo
Why Income Investors Are Paying Attention to QUALCOMM
QUALCOMM Incorporated (NASDAQ:QCOM) is one of the 10 Technology Dividend Aristocrats to Buy in 2025. QUALCOMM Incorporated (NASDAQ:QCOM) is a California-based multinational company that creates semiconductor software and services related to wireless technology. The company is increasingly catching the eye of income-focused investors thanks to its ability to strike a balance between technological innovation and steady income distribution. An aerial view of a bustling semiconductor production zone showcasing the company's integrated circuits. QUALCOMM Incorporated (NASDAQ:QCOM) currently pays a quarterly dividend of $0.89 per share, following a 4.7% increase announced in March. This marked its 21st consecutive year of dividend hikes, putting it just four years away from achieving a prestigious Dividend Aristocrat status. While strong cash flow supports this dividend growth, it's the company's prudent payout ratio that truly supports its dividend strength. Over the past five years, QCOM has maintained an average payout ratio of 40%, and its trailing twelve-month figure is even lower at 34.6%. These numbers indicate ample financial flexibility for reinvestment, innovation, and rewarding shareholders. In the most recent quarter, QUALCOMM Incorporated (NASDAQ:QCOM) spent $2.2 billion on research and development and distributed $938 million in dividends, demonstrating its ability to invest in growth while maintaining consistent shareholder returns. The company closed the quarter with $7.2 billion in cash and equivalents and reported $7.1 billion in operating cash flow, an increase from $6.5 billion a year earlier. As of June 22, QUALCOMM offers a dividend yield of 2.35%. While we acknowledge the potential of QCOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None.
