U.S. Markets close in 1 hr 41 mins

Qualcomm picked up content in Galaxy S4, says William Blair

William Blair said its recent supply chain checks indicate Qualcomm (QCOM) has picked up meaningful content in Samsung's (SSNLF) Galaxy S4 platform. The firm recommends using the recent weakness in Qualcomm shares as a buying opportunity, saying the stock is near the low end of its historical trading range. William Blair has an Outperform rating on the name.