Qualcomm Has Substantial Upside Potential January 15, 2013 |
Qualcomm (QCOM) semiconductors, manufacturer for mobile phones, is emerging as the most important player in the sector. The company has stayed away from the limelight till now. However, now the company is announcing its presence on the big stage in a very effective way. Qualcomm is the biggest player in the Smartphone chips market, and caters to some of the largest Smartphone manufacturers. The company has an amazing combination of semiconductor manufacturing and licensing business.
The best thing about the company is the segment it caters to. At the moment, the smartphones market is experiencing a boom, which allows the company to achieve phenomenal growth. There is a massive growth opportunity for Qualcomm in its respective markets, and I believe the company will grab the opportunity. The stock has returned substantially over the past twelve months. However, I believe Qualcomm will do even better in 2013.