• Financial Times

    Why big pharma sees a remedy in data and AI

    When Mac Holmes noticed a lump in the middle of his chest it took him a year to mention it to his physician. The 55-year-old, who flew packages for FedEx after a 28-year career with the US Air Force, appeared a picture of late middle-aged vigour. Days later he was diagnosed with breast cancer, a disease that has spread to his bones.

  • GuruFocus.com

    Stocks That Fell to 3-Year Lows in the Week of Jan. 24

    Exxon Mobil, Simon Property Group, Westpac Banking and Franklin Resources present buying opportunities Continue reading...

  • This basket of dividend growth stocks can help your portfolio stand out in 2020
    MarketWatch

    This basket of dividend growth stocks can help your portfolio stand out in 2020

    These stocks have low price-to-earnings valuations relative to the S&P 500 that also appear likely to continue raising their dividend payouts more quickly than the broad market.

  • When blockchain arrives in fintech, old-line payment processors will feel the pain
    MarketWatch

    When blockchain arrives in fintech, old-line payment processors will feel the pain

    Blockchain will dramatically lower transaction costs for retailers, which paid a collective $108 billion last year.

  • Can Starbucks save the planet by cutting dairy? Activists and investors respond
    MarketWatch

    Can Starbucks save the planet by cutting dairy? Activists and investors respond

    The biggest single move by Starbucks’s customers who want to go green might be to stick with black coffee. Overall, dairy accounted for 21% of the company’s global carbon footprint in 2018.

  • Starbucks earnings: Dunkin’ customers love for Starbucks pumpkin spice lattes expected to boost sales
    MarketWatch

    Starbucks earnings: Dunkin’ customers love for Starbucks pumpkin spice lattes expected to boost sales

    Half of the visitors to a Dunkin’ (DNKN) in the fourth-quarter of 2019 also went to a Starbucks (SBUX) according to data provided by advertising intelligence and measurement company Cuebiq. “Thanks to the popularity of the pumpkin spice latte and the holiday cup, consumers overwhelmingly chose to visit Starbucks over Dunkin’,” the company said. Starbucks customers also showed their loyalty by coming back, with 55% of customers making two or more visits during the quarter, according to the data.

  • Barrons.com

    Comcast, Valero, Intel and 3 Other Companies Raise Dividends

    Kimberly-Clark, ONE Gas, and Citizens Financial are the other companies that increased their dividends in the past week.

  • Are You An Income Investor? Don't Miss Out On Bristol-Myers Squibb Company (NYSE:BMY)
    Simply Wall St.

    Are You An Income Investor? Don't Miss Out On Bristol-Myers Squibb Company (NYSE:BMY)

    Dividend paying stocks like Bristol-Myers Squibb Company (NYSE:BMY) tend to be popular with investors, and for good...

  • Vale Will Keep Paying for Its Dam Disasters
    Bloomberg

    Vale Will Keep Paying for Its Dam Disasters

    (Bloomberg Opinion) -- A year ago, I sat with Vale SA’s then-Chief Executive Officer Fabio Schvartsman in Davos, sipping lukewarm coffee. He chatted amiably about the next stage of the turnaround at the Brazilian mining giant, unaware that within 24 hours a river of sludge from one of his dams would take 270 lives in the town of Brumadinho. This week, he was among executives and former employees charged with homicide.The disaster on Jan. 25, 2019, a human and environmental catastrophe that’s been compared with BP Plc’s Deepwater Horizon oil spill, was supposed to be a moment of reckoning. It was, after all, Vale’s second such accident in just over three years. Yet 12 months on, shares in the $70 billion group are back at pre-Brumadinho levels, pointing to something less dramatic. The rebound also suggests investors are struggling to grasp the painful longer-term costs of such accidents for the company and the industry, in the era of stakeholder capitalism.The dam at the Corrego do Feijao mine was a problem from the beginning. It dated back to 1976, when it was started by a company later acquired by Vale. The dam was built over decades, using the tailings, or mining waste. New layers were added on top of old ones, until 2013. Unfortunately, such dams require water to drain out if they are to remain stable; the technical investigation found this one was too steep, and allowed to get too wet. High iron content made it brittle, too.In the end, there was no warning. After heavy rainfall in late 2018, it simply collapsed, releasing 10 million cubic meters of mud – roughly 4,000 Olympic swimming pools – in under five minutes.The timing for Vale was painful. It found itself accused of negligence and worse, just as the miner was emerging from another accident, the 2015 collapse of a dam owned by Samarco Mineracao SA, its joint venture with BHP Group. Schvartsman, a former pulp and paper executive, had stepped into the top job in 2017 vowing “never again.”The market’s immediate reaction was strong. Vale lost nearly a quarter of its value, almost $20 billion. Investors’ calculations of the ultimate cost were then obscured, though, as the hit to supply at the world’s largest iron-ore exporter eventually drove prices of the steelmaking ingredient well above $100 per metric ton.The cost is still unclear. That shouldn’t be startling. BP was still raising estimates for outstanding claims for Deepwater Horizon years after the event. In the end, the British oil major sold more than $70 billion of assets to remain in business; its shares haven’t recovered.The scale and jurisdiction are different here. Still, it’s surprising that Vale’s shares have bounced back.That doesn’t mean that no costs have been priced in. Compare Vale with iron ore-focused rival Rio Tinto Group. Rio’s London shares have risen almost 18% in the past 12 months thanks to surging iron-ore prices. Add in the impact of reinvested dividends, and the total return is more than 30%. The share increase alone implies a gap of some $16 billion with Vale.Some of that sum reflects the impact of lost revenue, given the 93-million-ton hit to production during a year when the price of high-quality Brazilian iron ore fines delivered to northern China averaged more than $100 a ton.The remainder, though, isn’t too far from what Vale itself has already set aside, handed out or had frozen for potential liabilities from Brumadinho: It paid $1.6 billion for reparations and compensation in 2019, and has provisioned $5.4 billion. Some 7.5 billion Brazilian real ($1.8 billion) of assets are frozen by the courts.  The trouble is, that covers mostly first-order costs, like payouts for workers and families, the wider clean-up and some fixes to similar facilities elsewhere. Vale plans to spend $1.8 billion over five years shifting to dry stacking, a safer method to dispose of mine waste. By 2023, it says 70% of its production will use this.The wider impact of Brumadinho and the 2015 disaster on Vale and the industry will be more profound. Risks to tailings dams and other mining installations are already increasing, and there may be more monitoring in some corners. Extreme weather including heavy rainfall is far more frequent, and declining ore grades, or the percentage of minerals in rock that’s dug up, mean more waste to deal with. This coincides with increased concern among shareholders for the environmental impact of investments.Higher bills for more inspections might be manageable for large miners, but what about significantly slower permits, higher costs of closure, or projects that get blocked entirely by disgruntled communities? During a high tide for populism in Brazil and elsewhere, that’s harder than ever to estimate. It’s unlikely Brumadinho will be forgotten by governments and communities as disasters like Mount Polley in 2014 largely were.According to a report by the Church of England Pensions Board, 40 of the top 50 mining companies had made disclosures on their websites about tailings dams as of late December, as requested by campaigners and shareholders. That’s a solid three-quarters of the mining industry by market capitalization, but leaves plenty of laggards. Schvartsman, in the aftermath of Brumadinho, said Vale was a “Brazilian jewel” that could not be condemned because of an accident. His gross underestimation of the seriousness of the situation cost him his job,  and moreInvestors and rivals would be wise not to make the same mistake. To contact the author of this story: Clara Ferreira Marques at cferreirama@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Clara Ferreira Marques is a Bloomberg Opinion columnist covering commodities and environmental, social and governance issues. Previously, she was an associate editor for Reuters Breakingviews, and editor and correspondent for Reuters in Singapore, India, the U.K., Italy and Russia.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Financial Times

    Couple plead guilty to swindling Berkshire Hathaway

    A California couple pleaded guilty on Friday in connection with a Ponzi scheme that swindled almost $1bn from American blue-chip companies including Warren Buffett’s Berkshire Hathaway and the insurance provider Progressive. Jeff Carpoff pleaded guilty to conspiracy to commit wire fraud and money laundering in a California federal court, while his wife Paulette admitted to charges of money laundering and conspiracy to commit an offence against the US. The couple owned DC Solar, a California-based manufacturer of mobile solar power generators that were used at outdoor concerts, sporting events and on construction sites.

  • Owners of solar company that caused loss for Buffett plead guilty over Ponzi scheme
    Reuters

    Owners of solar company that caused loss for Buffett plead guilty over Ponzi scheme

    Jeff Carpoff, 49, pleaded guilty to money laundering and conspiracy to commit wire fraud, while Paulette Carpoff, 46, pleaded guilty to money laundering and conspiracy to commit an offense against the United States.

  • Barrons.com

    Deere, Chevron, and 30 Other Stock Picks From the Barron’s Roundtable

    Five experts recommend everything from blue-chip stalwarts and gold to a high-tech battery maker and a little-known home builder.

  • ConocoPhillips (COP) Stock Moves -0.82%: What You Should Know
    Zacks

    ConocoPhillips (COP) Stock Moves -0.82%: What You Should Know

    ConocoPhillips (COP) closed the most recent trading day at $62.62, moving -0.82% from the previous trading session.

  • Reuters

    Trump impeachment trial's U.S. TV audience slips during Democrats' arguments -Nielsen

    The U.S. television audience for Democrats' arguments that President Donald Trump should be impeached declined on Thursday to roughly 7.8 million viewers during live daytime coverage, according to data from the Nielsen ratings agency. The viewership was a 29% drop from Tuesday afternoon when about 11 million watched lawmakers spar over evidence and witnesses for the third presidential impeachment trial in U.S. history. TV viewership fell to 8.9 million on Wednesday as Democrats began making their case to the U.S. Senate and at the same time reach voters ahead of the November presidential election.

  • Dow Jones Today: Coronavirus Vexes Stocks
    InvestorPlace

    Dow Jones Today: Coronavirus Vexes Stocks

    The latest strain of the coronavirus, a deadly respiratory illness believed to have originated in central China, has spread around that country, forcing Beijing to halt travel for more than 35 million Chinese citizens. Plaguing stocks Friday wasn't just news of the virus's spread in China, but reports of a second U.S. case, this time in Chicago.Source: Provided by Finviz * The S&P 500 slumped 0.90%. * The Dow Jones finished lower by 0.58%. * The Nasdaq Composite tumbled 0.93%. * On a day when winners were in short supply, Intel (NASDAQ:INTC) was easily the best-performing Dow stock following a strong fourth-quarter earnings report and exciting first-quarter guidance.Getting back to the coronavirus fears for a moment, there were reports Thursday that a case may have emerged in Texas and that was followed by news that the Centers for Disease Control and Prevention confirmed at least two cases in Illinois. The CDC said the situation is "rapidly evolving."While health officials have stopped short of comparing this viral outbreak to the SARS epidemic of 2003 that killed about 800 people around the world, these type of headlines do have a way of plaguing riskier assets.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Recession-Resistant Services Stocks to Buy However, history indicates that the negative market reaction surrounding these type of events is usually confined to a short time frame. When fears abate, stocks often rally. Let's hope that's the case, because in late trading only six of the 30 Dow stocks were in the green. Thank Goodness for IntelAs noted above, Intel was the lead of the Dow pack today and it wasn't a close competition. For the fourth quarter, Intel reported earnings of $1.52 on revenue of $20.21 billion, easily topping Wall Street estimates of $1.25 per share and revenue of $19.23 billion.But those numbers are in the past. What really sparked the really in Intel stock today was the company's 2020 forecast of earnings of $5.00 on revenue of about $73.50 billion, ahead of consensus projections of $4.68 per share and revenue of $72.25 billion.The company also offered up strong commentary on data center chip demand, a theme that could also benefit rivals Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD)."However, we believe Intel has been ably navigating the headwinds, via concerted efforts to rein in non-essential spending while investing in critical process and design technologies (10- and 7-nm, 5G, Artificial Intelligence, and automotive)," said Morningstar in a note out earlier today. "We are raising our fair value estimate for wide-moat Intel to $70 per share from $65, as we incorporate the stronger near-term performance and outlook. Shares were up during after-hours trading and look fairly valued at current levels." American Express Charges HigherIntel reported Thursday after the close, leaving American Express (NYSE:AXP) as the lone Dow component delivering earnings today and investors cheered the report, sending the stock higher by 2.81%. That was good enough to make AXP the second-best Dow name today after Intel.American Express said it earned $2.03 a share on revenue of $11.37 billion in the last three months of 2019, slightly ahead of Wall Street estimates calling for earnings of $2.01 on revenue of $11.36 billion.Like Intel, AXP offered strong full year guidance of $8.85 to $9.25 of earnings compared with the consensus estimate of $8.98 per share. It Looked Like a Trade War DayWhile there wasn't wrangling on the trade front today, the group of Dow Jones losers read as though President Trump sent one of his notorious pre-Phase I tweets vilifying China. In other words, the coronavirus plagued a slew of China-sensitive stocks today.That scenario had Caterpillar (NYSE:CAT), materials name Dow Inc. (NYSE:DOW) and Nike (NYSE:NKE) were among the Dow's worst performers today. Boeing: The Believe It or Not SequelOn another day of challenging headlines, Boeing (NYSE:BA) was tussling with AXP to be the second-best Dow stock today. That's surprising when considering at least one ratings agency sees Boeing's credit rating as vulnerable in the face of ongoing 737 Max delays."[The delay] will result in a longer period of cash outflows than we expected for 2020, as well as less debt reduction in the latter half of the year because Boeing will deliver fewer aircraft," said S&P in a note. Bottom Line on the Dow Jones TodayHopefully, China and the other countries affected by the coronavirus are able to limit deaths and a handle on the virus over the near-term because that would be a win for humanity.For the capitalists out there, the virus is clearly affecting markets and markets have other things to contend with, including another earnings avalanche next week. That includes 10 -- a third of the Dow Jones Industrial Average -- stepping into the earnings confessional.As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks on the Move Thanks to the Davos World Economic Forum * Invest in America's Most Trusted Brands With These 7 Stocks to Buy * 7 Earnings Reports to Watch Next Week The post Dow Jones Today: Coronavirus Vexes Stocks appeared first on InvestorPlace.

  • Oil Posts Worst Week in a Year as Virus Selloff Deepens
    Bloomberg

    Oil Posts Worst Week in a Year as Virus Selloff Deepens

    (Bloomberg) -- Crude posted the worst weekly decline in more than a year on concern that the spread of China’s coronavirus will cripple fuel demand. Brent futures sank 2.2% in London on Friday. Deaths from the coronavirus rose to at least 26 and China expanded travel restrictions for about 40 million people in an attempt to halt contagion. The U.S. is monitoring more than 60 people for potential infection and lawmakers said health authorities are expected to confirm a third case.The Asian virus has spooked traders even as the World Health Organization stopped short of declaring a global health emergency. The contagion is disrupting travel during the Lunar New Year holiday, when hundreds of millions normally fly or ride home. The selloff has accelerated as trend-following funds turned bearish, according to TD Securities.“Contagion fears are spiking ahead of the biggest yearly migration ahead of new year,” said Daniel Ghali, a commodities strategist at TD Securities. “The fear factor is the risk of contagion, synonymous to what happened in 2003 with SARS which led to a 2% drop in Chinese economic growth.”The fast-spreading virus is the latest challenge for a market that’s been buffeted this year by geopolitical turmoil in the Middle East and North Africa, as well as the phase-one trade deal between Beijing and Washington. Goldman Sachs Group Inc. said earlier this week that, if the coronavirus has an impact similar to the 2003 SARS epidemic, demand could be curbed by 260,000 barrels a day. While this is not the first time global oil markets contend with an epidemic threatening demand, the current supply environment could worsen the situation.“The slightest fear of any economic slowdown will spur a long wave of liquidations because the market is so oversupplied,” said Walter Zimmermann, chief technical strategist at ICAP Technical Analysis.Some businesses in China including McDonald’s Corp. and Starbucks Corp. temporarily shut some stores in efforts to contain the virus.See also: China’s Economy Was Brightening This Month Before Virus Fear HitBrent crude for March settlement fell $1.35 to settle at $60.69 a barrel on the ICE Futures Europe exchange in New York putting its premium over WTI for the same month at $6.50 a barrel. Brent futures fell 6.4% this week.West Texas Intermediate futures for March delivery slipped $1.40 to end the session at $54.19 a barrel on the New York Mercantile Exchange, the lowest level since October. Meanwhile, based on the commodity’s relative strength index, WTI is sitting in oversold territory and is due for a rally.Options traders are paying the most since Oct. 31 for protection against price swings, according to the CBOE/CME WTI volatility index.\--With assistance from James Thornhill, Grant Smith and Saket Sundria.To contact the reporter on this story: Jackie Davalos in New York at jdavalos10@bloomberg.netTo contact the editors responsible for this story: David Marino at dmarino4@bloomberg.net, Jessica Summers, Mike JeffersFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Reuters

    US STOCKS-The S&P 500 has worst day since October as virus fears mount

    Wall Street fell in a broad sell-off on Friday, as investors fled equities on growing concerns over the scope of the coronavirus outbreak, capping the S&P 500's worst week in six months. All three major U.S. stock averages turned sharply negative, with the S&P 500 seeing its biggest one-day percentage drop in over three months after the Centers for Disease Control and Prevention confirmed the second case of the virus on U.S. soil, this time in Chicago.

  • Trump bemoans ‘Death Valley’ TV time slot for his defense team
    MarketWatch

    Trump bemoans ‘Death Valley’ TV time slot for his defense team

    President Donald Trump complained Friday about the timing of his legal team’s defense in his impeachment trial, saying it will occupy time during TV’s “Death Valley” on Saturday.

  • Barrons.com

    What P&G’s Earnings Report Could Mean for Coke, Pepsi, and Other Stocks

    The same global economic volatilities that hurt Procter & Gamble’s earnings this quarter will likewise have an impact on other companies in the household and personal care space, according to an analyst at RBC Capital Markets.

  • Stock Market Rally Wilts On China's Coronavirus; Netflix, Intel, Atlassian, Boeing In Focus: Weekly Review
    Investor's Business Daily

    Stock Market Rally Wilts On China's Coronavirus; Netflix, Intel, Atlassian, Boeing In Focus: Weekly Review

    The stock market rally had a down week on China coronavirus fears. Netflix, Intel and Atlassian soared on earnings. Boeing fell on 737 Max delays and more.

  • Bloomberg

    Solar Scammers Plead Guilty After Bilking Berkshire, Others

    (Bloomberg) -- The co-owners of a California-based solar company pleaded guilty in connection with an alleged $1 billion Ponzi scheme whose victims include Berkshire Hathaway Inc.Jeff Carpoff pleaded guilty Friday in federal court in Sacramento to conspiracy to commit wire fraud and money laundering, according to court records. His wife, Paulette Carpoff, admitted to money laundering and conspiracy to commit an offense against the U.S. Four others with ties to their company, DC Solar, have already pleaded guilty in the case.DC Solar built mobile solar generators for sporting events and music festivals. The company attracted at least a dozen investors in complex deals that raised money through what’s known as tax-equity funds. They included Progressive Corp., East West Bancorp Inc., Valley National Bancorp and Sherwin-Williams. Warren Buffett’s company invested $340 million.DC Solar, however, built and leased only a fraction of the roughly 17,000 mobile units it claimed were in use, authorities said. Instead, DC Solar used money from new investors to pay off old ones, according to a statement from the U.S. Attorney’s Office in Sacramento.The case is the biggest criminal fraud scheme in the history of the Eastern District of California, prosecutors said. Authorities have recovered more than $120 million in forfeited assets in connection to the case.“This is a sad day for the Carpoffs,” Malcolm Segal, a lawyer for Jeff Carpoff, said in a telephone interview. “The business started with the best of intentions.”Berkshire and the other alleged victims didn’t immediately comment.Read More: The Couple Who Feds Say Scammed Berkshire Hathaway for MillionsThe U.S. Securities and Exchange Commission filed a parallel civil case Friday against the Carpoffs, accusing them of violating federal securities laws. Proceeds from the fraud fueled the Carpoffs’ personal spending, authorities said. At one point, the couple owned more than 150 cars, including classic Fords and Bentleys. They also owned properties in Lake Tahoe, Las Vegas and the Caribbean and a professional baseball team based in Martinez, California, northeast of San Francisco, authorities said.Earlier this year, the U.S. Marshals Service held an auction for about 150 luxury cars seized from the Carpoffs, including a 1978 Pontiac Firebird Trans Am once owned by Burt Reynolds.(Adds SEC charge in ninth paragraph)To contact the reporters on this story: Brian Eckhouse in New York at beckhouse@bloomberg.net;Katherine Chiglinsky in New York at kchiglinsky@bloomberg.netTo contact the editors responsible for this story: Lynn Doan at ldoan6@bloomberg.net, ;Michael J. Moore at mmoore55@bloomberg.net, Joe Ryan, Reg GaleFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • MarketWatch

    Dow Inc., Merck share losses contribute to Dow's 133-point drop

    DOW UPDATE Shares of Dow Inc. and Merck are retreating Friday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow (DJIA) was most recently trading 133 points lower (-0.

  • Simon Property, Authentic Brands Consider Buying Forever 21
    Bloomberg

    Simon Property, Authentic Brands Consider Buying Forever 21

    (Bloomberg) -- Mall owner Simon Property Group is considering a bid to buy Forever 21 Inc., the bankrupt teen retailer that’s running out of money and time, according to people with knowledge of the matter.Simon would pair with Authentic Brands Group LLC to buy and operate the stores and the brand, said the people, who asked not to be identified because the discussions are private. The talks are continuing, and there’s no guarantee that the various sides will agree on terms or that a sale will result.Representatives for Los Angeles-based Forever 21 and Simon didn’t respond to messages seeking comment, and Authentic declined to comment.Forever 21 was talking about selling a stake to Simon and its other largest landlord, Brookfield Property Partners LP, before it filed for bankruptcy in September, Bloomberg previously reported. Talks broke down and the company had to seek court protection without a reorganization plan in place.The chain has since struggled to raise money to exit bankruptcy, with potential lenders and buyers balking because of poor sales and the founding Chang family’s insistence on maintaining control.Supplier AppealForever 21 told suppliers in recent weeks that it’s short on cash and that it could be forced to liquidate if a buyer doesn’t emerge. It asked them in a letter to ship goods on credit while talks continue with a potential buyer, which it didn’t name.The retailer is unable to borrow more money, and “therefore is turning to you in an effort to continue operating,” Forever 21 said in the letter, a copy of which was reviewed by Bloomberg. Failure to find a new owner could force it into liquidation, the company wrote.Forever 21 expects to provide information on the potential buyer in the coming weeks, according to the letter.Half PaymentThe bankrupt retailer proposed to give suppliers half of what they’re owed in cash for goods delivered between Jan. 20 and Feb. 4. They’d be paid in the week following receipt of the goods.The other 50% of the payment owed would be deemed an unsecured “superpriority” administrative claim in the company’s bankruptcy proceedings, ranking behind Forever 21’s lenders for repayment.The arrangement would need approval from a judge overseeing the bankruptcy case.To contact the reporters on this story: Lauren Coleman-Lochner in New York at llochner@bloomberg.net;Eliza Ronalds-Hannon in New York at eronaldshann@bloomberg.net;Kiel Porter in Chicago at kporter17@bloomberg.netTo contact the editor responsible for this story: Rick Green at rgreen18@bloomberg.netFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Qualcomm Stock Could Hit $100, But It Isn’t Risk-Free
    InvestorPlace

    Qualcomm Stock Could Hit $100, But It Isn’t Risk-Free

    Like many of its chip peers, Qualcomm (NASDAQ:QCOM) has been on fire. Shares hit new 52-week highs a few trading sessions ago and Qualcomm stock remains in demand among investors.Source: testing / Shutterstock.com It helps that the company has several long-term catalysts in play, while the overall market continues to rally, rally, rally. And in the sector, chips and semiconductors especially are in "surge mode." Whether that's Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Intel (NASDAQ:INTC) or others, the group simply continues to climb.Let's take a closer look at QCOM.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Valuing Qualcomm StockEarlier this month, we asked if QCOM is setting up for a banner 12 months. The short answer? Yes. The long answer underscores a bit more growth. * Invest in America's Most Trusted Brands With These 7 Stocks to Buy Qualcomm is in the beginning of its fiscal year for 2020, but has yet to report the first quarter results. For the year, analysts expect the company to earn $4.19 per share, leaving QCOM trading at 22 times earnings, but it's not as expensive on a forward basis.While current predictions call for 18.4% earnings growth this year, estimates for 2021 call for an incredible acceleration to 45.6% growth, generating earnings of $6.10 per share. That leaves Qualcomm stock trading at just 15 times its 2021 earnings.As for revenue, estimates call for 13.1% growth this year and an acceleration up to 23% growth in fiscal 2021. The numbers here are astounding really, and Qualcomm investors may be set to be major beneficiaries.As Citi analysts recently argued, the company has big exposure to the coming wave of 5G. As Apple (NASDAQ:AAPL), Samsung and other companies shift to 5G service, it translates to top- and bottom-line growth for QCOM. That's why analysts are so bullish on the coming 24 months of business. Not Without RisksQualcomm stock trades at a reasonable valuation, has big-time growth estimates over the next two years and pays a 2.5% dividend yield. It's well-positioned in the coming 5G cycle and has solid financials.But none of that means it comes without risk.First, the company may face regulatory hurdles. While the Trump administration recently came to its defense, the FTC has been hitting Qualcomm hard. While the situation could certainly improve, regulatory risks are higher for Qualcomm stock than many others.Furthermore, it was once in a legal spat with Apple, but then the tables suddenly turned. Apple paid Qualcomm billions to settle and dropped all of its lawsuits, as the company instead wanted to clear the air and do business. However, Apple has also bought Intel's modem business for $1 billion.While this is not a short-term risk, the long-term risk is that Apple begins developing its own chips and eventually cuts Qualcomm down or out. That leaves some long-term questions out in the open, but for now, Apple's ready to play ball, which will lead to big business for the company. Still, this is a situation to monitor going forward.Lastly, there's simply the risk that analysts and investors alike are too bullish on 5G and QCOM's future growth. If the company has to lower expectations or if consensus estimates prove too high, particularly the out years (2021), then Qualcomm shares could take some heat. Trading QCOM Stock Click to Enlarge Source: Chart courtesy of StockCharts.comDespite some of these risks, I'm still looking at Qualcomm as one to buy. The reason is simple. The fundamentals -- for now -- are attractive, and so is the chart. When the technicals and fundamentals align, it creates a very good situation for investors.Earlier in the month, QCOM dipped down to the 50-day moving average, but was instantly gobbled up by investors. The ensuing rally sent shares above $92.50 resistance to new 52-week highs.While bulls may buy the dip on a pullback to the 20-day moving average, I'd like a correction down to the 50-day moving average and even further down to uptrend support (blue line). For now, those deeper dips have been the optimal buy spot for active bulls.If it fails, the $80 level and the 200-day moving average are on the table, whichever comes first. Over the $96.17 high and $100 is possible for Qualcomm stock.Bret Kenwell is the manager and author of Future Blue Chips and on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AAPL and NVDA. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks on the Move Thanks to the Davos World Economic Forum * Invest in America's Most Trusted Brands With These 7 Stocks to Buy * 7 Earnings Reports to Watch Next Week The post Qualcomm Stock Could Hit $100, But It Isn't Risk-Free appeared first on InvestorPlace.