Qualcomm Shares Gain 52% in the Past Year: Reason to Buy QCOM Stock?
QCOMQualcomm(QCOM) ZACKS·2024-09-02 21:10

Buoyed by a holistic growth model, Qualcomm Incorporated (QCOM) shares have gained 52% over the past year compared with the industry’s growth of 46.9%. It has outperformed Hewlett Packard Enterprise Company (HPE) but lagged Broadcom Inc. (AVGO) — a couple of other major players in the industry.Qualcomm is increasingly focusing on the seamless transition from a wireless communications firm for the mobile industry to a connected processor company for the intelligent edge. The company is well-positioned to mee ...