QUALCOMM Incorporated (QCOM): A Bull Case Theory
From Yahoo Finance: 2025-05-20 13:37:00
QUALCOMM Incorporated (QCOM) has been the subject of a bullish thesis by Christopher Kirincic, with shares trading at $152.50 on May 16th. The company’s forward P/E ratio is 12.99, suggesting potential for growth. Advanced Micro Devices, Inc. (NASDAQ:AMD) is also eyeing strong growth driven by AI in 2025 due to increased demand in data centers.
Qualcomm (QCOM) is known for its cutting-edge technology in 5G/4G chips and modules, dominating the smartphone market with its Snapdragon processors. The company’s expansion into automotive, AI edge computing, and IoT markets has positioned it for continued growth through 2026. With a history of profitability and strong fundamentals, QCOM is seen as a solid long-term investment opportunity.
Despite not being among the 30 Most Popular Stocks Among Hedge Funds, QUALCOMM Incorporated (QCOM) has seen an increase in hedge fund portfolios holding the stock. While QCOM presents investment potential, there are other AI stocks with greater promise for higher returns in a shorter timeframe. Investors seeking a promising AI stock at a low valuation may want to explore other options, as QCOM remains a long-term growth opportunity with a favorable risk/reward profile.