54.00 +0.06 (0.11%)
After hours: 5:25PM EST
|Bid||53.83 x 1300|
|Ask||54.19 x 1000|
|Day's Range||53.67 - 54.85|
|52 Week Range||48.56 - 76.50|
|Beta (3Y Monthly)||1.68|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||2.48 (4.27%)|
|1y Target Est||N/A|
Verizon, Motorola, Qualcomm and Samsung announced that they've achieved the world's first 5G data transmission to a smartphone using a "commercial 3GPP 5G New Radio (NR) network." How'd they do it? Using a Moto Z3 with a 5G Moto Mod attached, which is scheduled to become available when its service for phones starts in 2019. Verizon kicked in the spectrum and network, Samsung made the radio, Motorola obviously built the phone and it's Qualcomm's Snapdragon X50 5G modem inside that little backpack.
On Qualcomm’s (QCOM) fiscal 2018 fourth-quarter earnings call, CEO Steven Mollenkopf, stated that the company’s first priority for fiscal 2019 would be the transition to 5G (fifth-generation) technology. Mollenkopf believes that the 5G ecosystem is far bigger than 3G (third-generation) or 4G (fourth-generation) technology because 5G will go beyond faster network technology to facilitate a connected world in which all industries—from automotive to manufacturing to healthcare—will use 5G-enabled services. According to a study commissioned by Qualcomm, 5G-enabled services will create an economic opportunity of up to $12.3 trillion from various industries by 2035.
Shorting a stock, also called short selling, is a trading skill used by investors that can provide big returns when done right but involves big risks.
Qualcomm’s (QCOM) fiscal 2018, which ended in September, was an extraordinary year for the company, and it featured some headline-making events. The year started with Broadcom (AVGO) making a hostile takeover bid for Qualcomm in November 2017. In the next chapter, Qualcomm walked away from its acquisition of NXP Semiconductors (NXPI) in July 2018 after the deal got caught up in the US-China (FXI) trade war.
Verizon (VZ) widens its lead over rivals in the race to 5G service and is expected to be the first to offer a 5G upgradeable smartphone on its network in 2019.
In 2016, South Korea’s antitrust regulators required Qualcomm to license its technology to competitors. Qualcomm’s management keeps reiterating that it’s looking to resolve the licensing issue with Apple, but a Reuters article citing a source familiar with the matter has stated that a settlement is nowhere in sight. Apple ditched Qualcomm’s modem in favor of Intel’s (INTC) modem for its 2018 iPhone models, which would slash more than $750 million from Qualcomm’s chipset revenue in the first quarter of fiscal 2019.
In October 2017, the TFTC (Taiwan Fair Trade Commission) fined Qualcomm (QCOM) $774 million for antitrust violations. The Taiwan (EWT) FTC stated that Qualcomm did not license its modem technology to other industry players. Qualcomm appealed the fine’s amount and the calculation method, as it did not justify the revenue it had earned from Taiwan.
Qualcomm’s (QCOM) legal department has been pretty busy handling the lawsuits related to its licensing model. Qualcomm’s SEPs facilitate interoperability, which means users of two different telecommunications carriers can message and call each other. On November 6, US Federal Court Judge Lucy Koh gave a preliminary ruling that Qualcomm should license some of these SEPs to rivals such as Intel (INTC).
Intel isn't about to let Qualcomm claim a lengthy lead in 5G mobile chipsets. It supports LTE and earlier technologies, too, so device makers won't need to have two chips consuming extra space and battery life.
Qualcomm (QCOM) has been looking to settle its legal and regulatory issues, and it has achieved success in some of its efforts. The latest preliminary ruling among several Qualcomm lawsuits was by the US FTC (Federal Trade Commission). In early 2017, the FTC had accused Qualcomm of antitrust issues.
Qualcomm (QCOM) has been in the news for various reasons. It was at the center of the US-China trade war in relation to its NXP Semiconductors (NXPI) acquisition, which was eventually canceled. US President Donald Trump also recently canceled Broadcom’s (AVGO) hostile takeover of Qualcomm, stating that the latter was of strategic relevance for 5G (fifth-generation) deployment in the United States.
The name of the game in investing is "total return." When you buy a stock, your total return comes from two places - price appreciation and dividends. For the longest time tech stocks were never mentioned hand-in-hand with dividend stocks. Pick up Amazon.com (AMZN) for $300, sell half at a thousand bucks a few years later, and you're sitting on free shares worth $1,600 each a year after that. That's the blueprint! Many tech stocks used to offer share splits as their prices rocketed higher. However many technology companies are maturing, and with breakneck growth in the rear-view mirror, and they need a different way to draw investors. The answer, for many, has been to start delivering dividends, paying investors for owning their shares. To be clear, tech stocks that pay dividends aren't done growing. The increased presence of technology in all aspects of human life means that there's still plenty of upside, even for Wall Street's biggest tech companies. To wit, old-guard blue chip Microsoft (MSFT) has surpassed Google parent Alphabet (GOOGL) and Facebook (FB) in market value this year, and it's neck-and-neck with Amazon. Here are 10 tech stocks that offer an ideal combination of dividends and growth potential. They might not be the flashiest names in the sector, but they deserve attention nonetheless. SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond