QCOM - QUALCOMM Incorporated
57.65 -0.12 (-0.21%)
After hours: 7:55PM EDT
| Previous Close | 57.16 |
| Open | 57.23 |
| Bid | 57.65 x 1200 |
| Ask | 57.69 x 800 |
| Day's Range | 57.20 - 58.28 |
| 52 Week Range | 48.56 - 76.50 |
| Volume | 19,541,451 |
| Avg. Volume | 15,054,803 |
| Market Cap | 69.92B |
| Beta (3Y Monthly) | 0.84 |
| PE Ratio (TTM) | 36.94 |
| EPS (TTM) | 1.56 |
| Earnings Date | May 1, 2019 |
| Forward Dividend & Yield | 2.48 (4.34%) |
| Ex-Dividend Date | 2019-03-06 |
| 1y Target Est | 64.09 |
- Market Realist•12 hours ago
Is the Economy Cooling Too Fast?
Powell Halts Rate Hikes, Trump Might Not Be Pleased(Continued from Prior Part)Economy After its two-day meeting, the Federal Reserve signaled no more rate hikes in 2019. In December, the Fed projected two rate hikes in 2019. The Fed has also toned
- Zacks•13 hours ago
Qualcomm Offers AI-Enabled Chips for Smarter Audio Apps
Qualcomm Incorporated's (QCOM) latest chips are likely to herald a new chapter for smarter audio and IoT applications by integrating highly optimized, AI-enabled solutions in single, power-optimized chip architecture.
Reuters•23 hours agoSouth Korean watchdog cuts fine on Qualcomm after decade-old legal battle
South Korea's antitrust regulator has lowered a decade-old penalty imposed on U.S. chipmaker Qualcomm Inc by 18 percent to $200 million, the Korea Fair Trade Commission (KFTC) said on Thursday. The reduction comes after the Supreme Court overturned in January one of several lower court rulings against the U.S. firm for abusing its dominant market position. In 2009, the KFTC fined Qualcomm 273 billion won ($242.6 million) for abusing its market power in CDMA modem and radio frequency chips, which were then used in handsets made by South Korea's Samsung Electronics Co Ltd and LG Electronics Inc.
- Motley Fool•yesterday
Here's What Broadcom's Business Could Look Like in 5 Years
The fundamental strategy should stay the same, but the company could be much different.
- InvestorPlace•yesterday
7 5G Stocks to Buy as the Race for Spectrum Tightens
{Editor's note: This story was previously published in Jan. 2019. It has since been updated and republished.]Telecommunications technology has always been an ultra-competitive business. But with the advent of airwave auctions, figuring out which 5G stocks to buy just got a lot more interesting. Sector players are leaving no stone unturned as they battle for prime network coverage. Municipalities and entire nations selling their airwave rights in return for lucrative contracts with telecom giants is nothing new. Because of the 5G revolution, however, an increased number of countries are engaging in airwave auctions for the first time. It's a trend that will likely proliferate.According to a Bloomberg report, Italy auctioned off $7.6 billion of high-speed airwaves. The massive sum was actually twice as much as the Italian government anticipated. That's obviously good for the Mediterranean country, which has suffered significant economic viability concerns. The impact of 5G, however, remains questionable in both the short- and long-term.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFirst, we must consider the obvious. In the Italian sector's case, $7.6 billion is a lot of money, especially for many deeply indebted telecom firms. Several 5G stocks are now levered to a huge, binary risk. If things go sour, these names could quickly fall out of the list of stocks to buy. Second, it's not clear how ultra-fast airwaves will impact 5G stocks. The next-generation network has multiple uses beyond quick download speeds, such as gaming and driverless vehicles. If these stated functions experience their own hiccups, that could hurt the telecom industry's big gamble. * 5 Cloud Stocks to Help Your Portfolio Fly Personally, I'm skeptical of pure driverless vehicles. That said, we won't know how far we can go until we integrate the appropriate infrastructure. If you're ready for the risk, here are seven 5G stocks to buy: Verizon Communications (VZ)Typically, we remember the company that innovated first. For Verizon Communications (NYSE:VZ), this first-to-market advantage is a significant one, making VZ stock an interesting bull case. As our own James Brumley explains, VZ stock isn't necessarily a perfect play for the upcoming network revolution. Brumley writes, "Though technically speaking Verizon's entry into the race is neither the first 5G network nor the version of 5G connectivity that will become the industry standard, owners of Verizon stock need not be discouraged."That's because VZ stock struck first, leaving its key competitors scrambling for a response. For a few target markets -- Indianapolis, Houston, Los Angeles and Sacramento -- Verizon members will have the joys of wireless 5G broadband internet service delivered to their homes.True, VZ stock isn't quite yet a pure name among 5G stocks to buy because its 5G mobile service isn't available. But then again, no one is ready, as even most smartphones aren't equipped to handle 5G.Once they are, however, Verizon is in prime position. It has aggressively worked with city governments to secure lucrative airwave rights. In a few years, Verizon stock will be a very serious player in 5G. AT&T (T)In recent times, AT&T (NYSE:T) has become one of the most aggressive stocks investors can buy. Management is not afraid to shell out big bucks to make critical acquisitions. That was on display when AT&T bought out Time Warner for over $85 billion. So it might seem strange that the company is currently playing second fiddle to Verizon in 5G.Ordinarily, I would be worried. However, T stock is not your average investment. In this particular case, I don't mind AT&T not chasing after the 5G hype train. Don't get me wrong: I believe in the next-gen wireless revolution. But for AT&T, waiting to measure twice and cut once is worth the initial pain.As Brumley suggested, Verizon used non-standard equipment to secure pole position among 5G stocks. AT&T will roll out its high-speed network with equipment that will eventually be the industry's gold standard. I think management is being prudent primarily because T stock is highly leveraged from the Time Warner buyout. They should wait to get it right the first time. * 5 Cloud Stocks to Help Your Portfolio Fly Even if Verizon or any other competitor steals the spotlight, the situation is only temporary. AT&T already enjoys enviable network assets, and it's putting them to good use with their "5G Evolution". Once the broader infrastructure is set for true 5G, look for T stock to take off. Intel (INTC)For millennials and older generations, Intel (NASDAQ:INTC) has earned most of its fame as a semiconductor firm. While the PC chip-making business isn't going to go away anytime soon, we've seen a dramatic shift to cloud computing. Eventually, INTC stock will only be known for its innovations in the cloud, and for related sectors like data centers.This trend allows for natural synergies for the 5G revolution. Rather than just provide equipment to handle these advanced airwaves, Intel has a holistic approach. For instance, with 5G, the company can take their virtual-reality endeavors to the next level. We saw a glimpse of their impressive portfolio during the last Winter Olympics when they broadcast events in VR.Intel is also looking to revolutionize transportation, and not just through driverless vehicles. With a 5G-connected municipality, the company can help maximize transportation efficiencies for both personal and commercial purposes. Finally, Intel is looking toward smart-health solutions. With 5G's inherent low-latency (the time it takes to transmit data between devices), medicine can experience its own paradigm-shift.Intel isn't just thinking about current uses -- it has a broader perspective. For this and many other reasons, INTC stock is one of the best 5G stocks to buy. Qualcomm (QCOM)As great as this next-gen wireless innovation is, all 5G stocks currently face two lagging issues: structural and technical. The structural component revolves around what companies like Verizon and AT&T are fighting over, namely, airwave rights. You can't have 5G if the physical foundation doesn't support this upgraded network speed.The other lag is technical. Practically speaking, your phone doesn't have 5G capacity, so right now, it's a moot point. Qualcomm (NASDAQ:QCOM) is looking to change that reality. In July, Qualcomm introduced state-of-the-art radio-frequency antenna modules that are extremely compact, yet can accommodate 5G airwaves. The company recently unveiled 5G-capable mobile platforms. * 5 Cloud Stocks to Help Your Portfolio Fly The tech giant could use some stability in the markets. While no one questions Qualcomm's technical wizardry, QCOM stock has been one of the wildest among 5G stocks. As the innovation becomes an accepted reality, we should see bullish sentiment regain firm control. American Tower (AMT)American Tower (NYSE:AMT) is what I would consider a hybrid name among 5G stocks to buy. As InvestorPlace contributor Will Healy mentioned, 4G-equipped mobile devices require massive cell towers to function properly. But 5G? These are high-frequency waves that support faster data transmissions, but don't travel as far as prior-gen wireless waves.Therefore, the name of the game is shorter cell posts and in greater amounts. That's why telecoms integrate 5G equipment into already-existing infrastructures. You'd think that would put AMT stock at a disadvantage. But as Healy explains, 5G-specific cells must communicate with larger towers. Also, American Tower's smaller structures would have new life.Another advantage for AMT stock is its international networks. Not all countries, especially the developing ones, will upgrade to 5G simultaneously. It took more than half-a-decade to fully roll out 4G, so that business will not go away so quickly. Skyworks Solutions (SWKS)Although the high-speed wireless rollout is a net boost for 5G stocks, not all players are feeling the love. Case in point is Skyworks Solutions (NASDAQ:SWKS). Over the past year, SWKS stock is down approximately 24%. The more concerning part is that SWKS has lost significant momentum …But if you're bullish on 5G stocks, you should give Skyworks more than just a passing glance.Widely known for providing radio-frequency chips for Apple (NASDAQ:AAPL), Skyworks is stepping up to the 5G revolution. In late July, the company unveiled its state-of-the-art antenna aperture tuners. These are incredibly compact, and provide enhanced bandwidth coverage to accommodate 5G airwaves. * 5 Cloud Stocks to Help Your Portfolio Fly Beyond that, SWKS stock has other viable businesses that can help mitigate the volatility in the telecom sector. Skyworks levers significant expertise in industrial solutions, automotive design and smart-home platforms. In other words, the company is involved in too many lucrative markets to stay deflated indefinitely. Vodafone (VOD)Anytime I cover a gallery of stocks to buy, I always like to offer at least one speculative name. Granted, you ideally want to load up your portfolio with winning names. But market gambles are like cannabis: no one really talks about it openly, but you know almost everyone does it.So my knife-catching opportunity for 5G stocks is Vodafone (NASDAQ:VOD). Unless your sporting activities only revolve around watching NASCAR and wrenching on your truck, you've heard of Vodafone. For NASCAR fans, Vodafone is a British multinational telecom giant. In fact, buying VOD stock makes you an owner of the second-biggest mobile network operator in the world.Unfortunately, that hasn't meant much to Wall Street. In the past year, VOD stock has hemorrhaged an agonizing 31%. Its aggressive bidding for European airwave auctions hasn't really charmed investors, who have been worried about its massive debt.But the old adage is that you have to spend money to make money. The 5G transition, once fully implemented, could dramatically alter the telecom landscape. At that point, those early (and painful) investments could pay off significantly.Undoubtedly, VOD stock is a huge risk, but one that isn't completely crazy.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Invincible Stocks Leading The Bull Market Higher * 5 Dow Jones Stocks Coming to Life * 7 of the Best High-Yield Funds for 2019 and Beyond Compare Brokers The post 7 5G Stocks to Buy as the Race for Spectrum Tightens appeared first on InvestorPlace.
- Zacks•yesterday
Will Semiconductor ETFs' Best Start to a Year Last Long?
Semiconductor ETFs have seen the best start to a year in 2019. Will the rally last?
- Market Realist•yesterday
Apple Wins Big Reprieve in Qualcomm Dispute
Apple Is Tackling Its Challenges One by One(Continued from Prior Part)Federal court rulingA federal judge in the United States recently sided with Apple (AAPL) in a decision that is expected to save the iPhone maker billions of dollars. As Bloomberg
- Market Realist•2 days ago
Broadcom Continues to Spend on Buybacks and Dividends
Why Broadcom Stock Is Gaining Momentum This Month(Continued from Prior Part)Broadcom’s free cash flow Chip maker Broadcom (AVGO) has strong free cash flow and remains committed to rewarding its shareholders with cash dividends and share buybacks.
- PR Newswire•2 days ago
Qualcomm Joins Open Security & Safety Alliance to Help Transform the IP Surveillance Camera Industry
Global Industry Leaders Collaborate to Create a Common Standardized Platform for Security and Safety Solutions SAN DIEGO , March 20, 2019 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM), today announced ...
- Barrons.com•2 days ago
Sen. Jack Reed Sells Apple, Xilinx, and Qualcomm Stock
Sen. John “Jack” Reed disclosed Tuesday that he sold (AAPL) stock and shares of some other high-profile tech names in late February. The Rhode Island Democrat, who serves on several committees, including Appropriations, Armed Services, and Banking, Housing, and Urban Affairs, sold Apple stock (ticker: AAPL) and shares of (XLNX) (XLNX) and (QCOM) (QCOM). The sales disclosed were all made on Feb. 28, according to a regulatory form Reed filed.
- Zacks•2 days ago
Here's Why You Should Hold Keysight Stock in Your Portfolio
Keysight (KEYS) is expected to benefit from strength in 5G solutions portfolio and growing clout in automotive end-market.
- Market Realist•2 days ago
What’s Driving Broadcom’s Revenue?
Why Broadcom Stock Is Gaining Momentum This Month(Continued from Prior Part)Broadcom’s revenue in the first quarter Semiconductor giant Broadcom (AVGO) achieved quarterly revenue of nearly $5.79 billion in the first quarter fiscal 2019, up 8.7%
Market Realist•2 days agoImpact of CA Technologies Acquisition on Broadcom’s Balance Sheet
Broadcom's Q1 2019 Earnings Revive Investors' Confidence(Continued from Prior Part)Broadcom’s cash flowsBroadcom’s (AVGO) strategy of acquiring companies that generate high cash flows was evident in its CA Technologies acquisition. Broadcom’s
- Market Realist•2 days ago
Broadcom Continues the Trend of Beating Earnings Estimates
Why Broadcom Stock Is Gaining Momentum This Month(Continued from Prior Part)Broadcom beats expectations Broadcom’s (AVGO) earnings topped Wall Street’s expectations in the first quarter of fiscal 2019, the results for which it reported on March
- Markit•2 days ago
See what the IHS Markit Score report has to say about Qualcomm Inc.
Qualcomm Inc NASDAQ/NGS:QCOMView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for QCOM with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding QCOM are favorable, with net inflows of $13.79 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Market Realist•3 days ago
Behind Juniper’s Accelerated Share Repurchase Program
How Network Systems Vendors Are Working to Drive Growth(Continued from Prior Part)Juniper out to buy investor confidenceJuniper Networks (JNPR) is one company that has lined up hundreds of millions of dollars in shareholder capital return programs
- InvestorPlace•3 days ago
Qualcomm Stock Is Becoming More Attractive
Shares of semiconductor giant Qualcomm Inc. (NASDAQ:QCOM) are little-changed this year, making QCOM stock a laggard compared to the widely followed PHLX SOX Semiconductor Sector Index, which is up about 20% this year.Source: Shutterstock QCOM stock is the fifth-largest holding in that index, and the stock is starting to show some signs of life. This month, Qualcomm stock has risen by 9%, thanks in part to some favorable legal news regarding the company's contentious, long-running litigation against Apple Inc. (NASDAQ:AAPL). * 5 Chip Stocks on the Rise On Mar. 15, San Diego-based Qualcomm "announced that a jury in the U.S. District Court for the Southern District of California found that "Apple's iPhone 7, 7 Plus, 8, 8 Plus and X infringe two Qualcomm patents," according to a statement issued by QCOM. "The jury awarded Qualcomm $31 million in damages for infringement of the patents from July 6, 2017, the date the lawsuit was filed, through the end of the trial. The three infringed patents cover technologies invented by Qualcomm in San Diego," the company reported.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn another important, though less publicized, ruling, Qualcomm scored a legal win in Japan after the Japan Fair Trade Commission (JFTC) ruled that QCOM is not a monopoly."Following a nine-year evidentiary proceeding, the JFTC concluded that Qualcomm's cross-licensing provisions and non-assertion covenants that were the subject of the cease-and-desist order did not violate Japanese antimonopoly law," the commission said in a statement. Beyond the CourtroomClearly, legal issues have been hanging over QCOM stock. It is also clear that the shares are responding well to the parting of some of those clouds, but there is more to the Qualcomm stock story than legal matters.As indicated by its relationship with Apple, QCOM is a major supplier of chips to the smartphone market. Last year, the growth of the smartphone market slipped a bit, but the sector is expected to bounce back this year."Continued developments from emerging markets, mixed with potential around 5G and new product form factors, will bring the smartphone market back to positive growth," research firm IDC said in a statement. "IDC expects year-over-year shipment growth of 2.6% in 2019. Over the long-term, smartphone shipments are forecast to reach 1.57 billion units in 2022."Meanwhile, QCOM has significant exposure to the 5G phenomenon. While 5G is garnering plenty of press this year, its rollout is not expected to commence in earnest until 2020, and it appears Qualcomm will be ready.Investors in QCOM stock could benefit from the proliferation of 5G. By some accounts, to solidify its 5G offerings, AAPL will need to bury the hatchet with Qualcomm.Qualcomm's recently revealed Snapdragon X55 5G modem gives the company a leg up in the 5G market, one that extends beyond smartphones."Qualcomm claims that the X55's flexibility should make it a better fit for a much broader range of devices," according to The Verge, a technology news website. "While the X50 (the device the X55 is replacing) is tailored towards smartphones and Wi-Fi hotspots, Qualcomm has spent more time tailoring the architecture of the X55 towards a wider range of devices ranging from always-connected PCs to cars." Qualcomm's CashIn an effort to acquire rival NXP Semiconductors (NASDAQ:NXPI), Qualcomm amassed $40 billion in cash, but when that deal was scuttled last year, QCOM pledged to use $30 billion to repurchase shares of QCOM stock, meaning the company still has about $10.3 billion in cash on hand.Not only is Qualcomm's share-buyback program serving the goal of reducing the amount of Qualcomm stock outstanding, but with the number of shares outstanding falling to 1.22 billion in the current quarter from 1.41 billion in Q4, Qualcomm's dividend expenses are declining as well.QCOM stock has a forward dividend yield of about 4.38%, which is higher than rival semiconductor makers of comparable size. QCOM has increased its dividend in recent years, but that growth could end if the company's free cash flow does not increase.As of this writing, Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post Qualcomm Stock Is Becoming More Attractive appeared first on InvestorPlace.
- Market Realist•3 days ago
Why Broadcom Stock Doesn’t Have Any ‘Sell’ Recommendations
Why Broadcom Stock Doesn't Have Any 'Sell' RecommendationsAnalysts’ recommendations Out of the 34 analysts covering Broadcom (AVGO), 25 analysts have rated the stock a “buy,” while nine analysts rated the stock a “hold.” Not a single
Market Realist•3 days agoWhy Broadcom Stock Is Up 6.7% in March
Why Broadcom Stock Is Gaining Momentum This MonthStock price movementsBroadcom (AVGO) stock rose 1.35% and closed at $293.84 on March 18. Shares of the semiconductor giant have risen 6.7% this month as of March 18. AVGO also reached a new high of
- PR Newswire•3 days ago
Qualcomm Launches New, AI-Enabled Highly Integrated SoCs and Dedicated Smart Speaker Platform to Help Drive the Evolution of Smart Audio
QCS400 SoCs designed for "smarter" Speakers, Soundbars, Home Assistants and AV Receivers, with Integrated Compute, Mesh Wi-Fi, BLE Mesh, Voice-User Interface, Audio technology, and support for ...
- Engadget•3 days ago
Qualcomm's new chips power 'smarter' AI-connected speakers
Smart speakers still have a lot of room for improvement. How often have you had to shout a command over your music, or had to endure mediocre sound for the convenience of using your voice? Qualcomm believes it can do better.
- Yahoo Finance Video•11 hours ago
U.S.-China trade war tariffs are ‘tip of the iceberg’
In the trade war between the U.S. and China, Christine McDaniel, Senior Research Fellow at George Mason University, says the “tariffs are really just the tip of the iceberg” and that investors are looking for “real market access changes.” Yahoo Finance’s Alexis Christoforous speaks to her.
- Investor's Business Daily Video•21 minutes ago
Qualcomm Goes Beyond Core Mobile Market and Apple In These Growth Segments
Qualcomm Goes Beyond Core Mobile Market and Apple In These Growth Segments
- CNBC Videos•yesterday
Final trades: Devon Energy, PayPal, Qualcomm, Bank of Ame...
The "Halftime Report" traders give their top stocks to watch for the second half.
