Unveiling a Potential 26.99% Upside for Tech Investors
QUALCOMM Incorporated (NASDAQ: QCOM) stands tall in the technology sector, specifically within the semiconductor industry, with a robust market capitalization of $164.31 billion. As a pioneer in wireless technology, QUALCOMM’s impressive portfolio spans across key segments such as Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). This diversified approach not only fuels the company’s growth but also positions it as a critical player in the mobile, automotive, and IoT markets.
Currently trading at $148.56, QUALCOMM’s stock is situated in the lower half of its 52-week range of $124.66 to $227.09. With the stock priced below its 50-day moving average of $152.38 and…