QUALCOMM Incorporated (QCOM) is named one of the Best Retirement Stocks for a Dividend Stock Portfolio. The company develops products for wireless connectivity, computing, and AI. It trades at a forward P/E ratio of 13.79, lower than the tech sector average. QCOM has a stable dividend history, paying a quarterly dividend of $0.89 per share with a 2.13% yield.

Despite QCOM’s appeal to income investors, some AI stocks may offer more growth potential and less risk. For those seeking undervalued AI stocks, a free report on the best short-term AI stock is available. QCOM, while a solid investment, faces challenges as major customers like Apple and Samsung become competitors in chip design.

With 21 consecutive years of dividend increases, QUALCOMM Incorporated (QCOM) remains a strong contender for a dividend stock portfolio. The company’s technologies are widely used across various industries, including smartphones, automobiles, and networking infrastructure. The stock’s forward P/E ratio of 13.79 is lower than the tech sector average.

Read more at Yahoo Finance: How QUALCOMM (QCOM) Enhances Growth Potential in a Dividend Stock Portfolio