From Yahoo Finance: 2025-05-07 10:04:00

Mairs & Power released their first-quarter 2025 investor letter, noting a record high in the stock market in February. However, tariff uncertainty in March led to a decline in equities. The fund ended the quarter up 0.04%, outperforming benchmark indexes and Morningstar peer group. Check out the fund’s top five holdings for 2025 picks.

In the same investor letter, Mairs & Power Balanced Fund highlighted QUALCOMM Incorporated (QCOM), a wireless industry technology company. QCOM’s one-month return was -2.57%, with shares losing 22.51% over the last 52 weeks. On May 6, 2025, QCOM stock closed at $139.90 per share with a market cap of $153.61 billion.

Mairs & Power noted that QCOM had a positive quarterly return, standing out in the Information Technology sector. The company’s value tech status, strong cash flows, and underappreciated technology licensing business were highlighted. Despite legal challenges, QCOM remains a strong player in wireless technology.

QUALCOMM Incorporated (QCOM) is held by 79 hedge fund portfolios, reporting strong revenues and EPS in Q2 2025. While QCOM has investment potential, AI stocks are seen as more promising for higher returns in a shorter timeframe. For a promising AI stock trading at a discount, explore the report on the cheapest AI stock similar to NVIDIA.



Read more at Yahoo Finance: Qualcomm (QCOM): A “Value Tech” Company