Previous Close | 67.50 |
Open | 67.50 |
Bid | 75.10 |
Ask | 76.50 |
Strike | 250.00 |
Expire Date | 2021-01-15 |
Day's Range | 67.50 - 67.50 |
Contract Range | N/A |
Volume | 10 |
Open Interest | 474 |
The Federal Open Market Committee’s (FOMC) last policy-setting meeting of this year and November’s retail sales data will take centerstage this week.
As 2019 ends with major deals, Yahoo Finance looks back at the decade on the mergers and acquisitions in Corprorate America.
Broadcom Inc. (AVGO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Some companies spend to gain market share, while others burn cash to beat quarterly earnings estimates.
Traders could go long on AVGO, as the charts appear to show price targets of around $335 and then $400.
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Accomplishing the financial cushion to retire early is a fantasy for most, but bringing that fantasy to reality is not as difficult as it sounds. If you are willing to make some serious lifestyle adjustments, it can be achievable.
Achieving your retirement goals takes a much different investing approach than regular stock trading, from smartly managing risk to keeping emotions in check.
Broadcom Inc. (AVGO) closed at $310.72 in the latest trading session, marking a -1.74% move from the prior day.
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What most investors don’t know is that core earnings, when adjusted for unusual gains and losses hidden in footnotes, are a lot worse than they realize. Answer: Most investors are not aware of the more severe decline in core earnings. Over the trailing 12 months, GAAP earnings fell 1% while adjusted core earnings fell 6% for the largest 1,000 companies by market capitalization in each period.
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]
Today we'll look at Broadcom Inc. (NASDAQ:AVGO) and reflect on its potential as an investment. Specifically, we're...
Broadcom (AVGO) is expected to report earnings on Dec. 12. Broadcom now trading 2% below the 323.30 buy point from a first-stage consolidation that it cleared earlier. Understand that jumping into a stock right as it gets ready to report means you likely won't have enough time to build a profit cushion before the release. That leaves you exposed to...
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Intel (INTC) intends to divest its connected home division that manufactures chips used in home internet access gear.
Mohamed El-Erian, Allianz's chief economic adviser, says there will be 'a mini deal that will see a truce through next year.'
Comment letters show companies are getting into trouble with the regulator for adjusting one of the most important numbers — revenue.
With 5G right around the corner, Qualcomm (NASDAQ:QCOM) stock has been a name to watch. Investors have already started to bid up shares, with the stock reaching its 52-week high earlier this month. Thanks to an earnings beat and strong guidance for the fiscal first quarter, investors are confident the company has upside potential.Source: photobyphm / Shutterstock.com But at the current share price, is QCOM stock a screaming buy? Growth has been a challenge for Qualcomm these past few years. The company generated $26.5 billion in revenue in the fiscal year ending September 2014. Sales fell as low as $22.3 billion in FY17, but have since rebounded to $24.3 billion for FY19.The company also has unresolved regulatory risks from the recent Federal Trade Commission decision. Qualcomm appealed the ruling, leaving the destiny of its licensing business in the hands of the United States Court of Appeals for the Ninth Circuit. A ruling in the FTC's favor could devastate Qualcomm's lucrative licensing business.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Qualcomm Stock Beats on EarningsOn Nov. 6, QCOM released results for the year ending Sept. 30, 2019. For the fourth quarter, Qualcomm beat on earnings, reporting adjusted earnings per share of 78 cents, versus consensus of 71 cents. This earnings beat was thanks in part to the company's licensing segment. Licensing revenue went up due to the company winning its legal dispute with Apple (NASDAQ:AAPL), as well as a new royalty agreement with Huawei.Total revenue for Q4 was $4.8 billion, in line with guidance. Looking to the next quarter, Qualcomm's guidance calls for similar revenue between $4.4 billion and $5.2 billion, as well as projected earnings between 80 cents and 90 cents a share. Analysts Mixed on 5G Catalyst for QCOM StockCurrent results are not the whole story with Qualcomm stock. The key catalyst for the company is the rollout of 5G anticipated to start in 2020. JPMorgan analyst Samik Chatterjee projects Qualcomm's 5G revenue will accelerate starting next year. Chatterjee estimates 5G chip shipments to be 200 million in 2020, rising to 450 million by 2021. Given the complexities of 5G, these new chips will likely sell at higher prices than 4G chips.But not everyone is bullish on Qualcomm stock. Morgan Stanley's James Faucette recently downgraded the company. He does not dispute the growth opportunities in 5G, but he believes this catalyst is already priced into shares. Faucette believes there is a chance 5G does not win over the public as quickly as anticipated. 5G may be faster than 4G, but it comes at the cost of uneven performance and shorter battery life.If the switch over to 5G is slower than estimated, Qualcomm stock may not see a big boost in 2020. In addition, there are concerns of the viability of Qualcomm's cash cow, its QTL licensing business. Qualcomm makes mobile chips, but earns most of its money charging royalties to manufacturers who utilize its chips in their phones.The FTC has gone after Qualcomm for anti-competitive practices, particularly the company's "no license, no chips" policy. A federal court ruled in favor of the FTC, but Qualcomm has won a reprieve, allowing it to repeal the decision.Luckily for Qualcomm, the company has the Department of Justice, Department of Defense and the Department of Energy on its side. These other federal agencies believe the FTC's ruling could impact America's national security and technological advantages. Hearings for the appeal begin in February, with a ruling expected later in 2020. Risks Impact ValuationThe possible destruction of QTL could devastate Qualcomm's profitability. But despite these risks, QCOM stock does not exactly trade at a bargain-basement valuation. Qualcomm's forward price-to-earnings ratio is 29 and its trailing enterprise value/EBITDA ratio is 10.7.This makes Qualcomm stock cheaper than peers like Broadcom (NASDAQ:AVGO). Broadcom trades at 56.3 times forward earnings and has an EV/EBITDA ratio of 15.5. But Qualcomm trades at higher multiples than Intel (NASDAQ:INTC), which trades at 13.5 times forward earnings and has an EV/EBITDA ratio of 8.5.What does this mean? Qualcomm stock could see significant multiple expansion if it wins the case. But predicting the outcome of a court decision does not make the best rationale for a buy. In this scenario, it may be best to stay on the sidelines. Bottom Line: Don't Rush into QCOM StockQualcomm stock could win big with 5G. But don't rush out and buy shares today. Until the regulatory threat to the licensing business is resolved, the fate of the company's cash cow is in the Ninth Circuit's court (no pun intended).The revenue growth effects of 5G may take some time. Analysts anticipate the 5G-driven revenue boost will not happen until FY2021. Consensus calls for $22 billion in FY20 revenue, with $27 billion the following year.What does this mean? Take your time, and tread carefully, with QCOM stock.As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Strong Buy Stocks That Are Bargains Right Now * 7 Excellent Bank Stocks Worth an Investment * 4 Small-Cap, Big-Dividend Stocks The post 5G Is Good for Qualcomm Stock, But Watch Out for Regulatory Risk appeared first on InvestorPlace.
Accomplishing the financial cushion to retire early is a fantasy for most, but bringing that fantasy to reality is not as difficult as it sounds. If you are willing to make some serious lifestyle adjustments, it can be achievable.
Telecom giant Huawei is calling the ban by the Federal Communications Commission "unconstitutional." Yahoo Finance's Adam Shapiro, Julie Hyman, Dan Roberts and Akiko Fujita break down the details.
Hong Kong protests are weighing on trade talks between the U.S. and China after President Trump signed legislation aimed at supporting human rights in Hong Kong. Milken Institute Chief Economist William Lee joins Yahoo Finance’s Adam Shapiro to discuss on The Ticker.