ZACKS, Qualcomm Upgraded to Outperform.. By Zacks Equity Research | Zacks 02/08/2013
On Feb 6, we upgraded our recommendation on Qualcomm Inc. (QCOM) to Outperform based on the company’s fourth quarter of 2012 financial results, which significantly outpaced the Zacks Consensus Estimates.
Why the Upgrade
Qualcomm has firmly established its leadership position in the high-end smartphone segment. The company is the major beneficiary to the significant growth of 3G wireless technologies and smartphones in the emerging markets, particularly in China.
The next-generation super-fast 4G Long Term Evolution (:LTE) technology has also boosted Qualcomm. We believe the long-term fundamentals of the company are very much intriguing given the increasing demand for LTE-enabled mobile handsets in the U.S., Japan, and South Korea. Qualcomm currently has a Zacks Rank #2 (Buy).
All this is great but where the Hell is the necessary doubling or tripling of the dividend??
Management feathers their own nest with stock options but we get screwed. I love the company but give us more of our own money!