The Qualcomm Stock Quandary: Take Profit or Let it Ride?
QCOMQualcomm(QCOM) Investor Place·2024-06-18 18:40

It took some time for Qualcomm (NASDAQ:QCOM) to become regarded as a top AI play, but since it took shape late last year, Qualcomm stock has been on a tear. Shares in the mobile chip company have surged by more than 52% over the past six months. Changing hands for around $215 per share, QCOM is now near all-time highs. Yet after this sudden run-up in price, is it time to take profit, or to let it ride for additional gains? On the surface, it may seem as if shares have soared too far, too fast. With the AI g ...