QUALCOMM Incorporated (NASDAQ: QCOM) is considered one of the Best Dividend Stocks for Retirement Portfolios. The company focuses on developing semiconductors, software, and wireless technology, particularly in 5G, Wi-Fi, and artificial intelligence. Wells Fargo maintains an Underweight rating on QCOM due to competitive pressures, but the company remains attractive to income investors with consistent dividend payouts. Wells Fargo has a $140 price target for QCOM.
Read more at Yahoo Finance: Wells Fargo Maintains Underweight on Qualcomm (QCOM) Amid AI Expansion Plans
