It is a great stock which has just pick up the rally in the upper Bollinger band two great days since i publish about QCOM target is around $171 from institutional analyst. Why not to believe them and jump to the Wave? :-) this is a patriotic stock (no joking) Vanguard Group Blackrock are the biggest institutional owners of QCOM. with 16% of the shares aproximettly The company as a big debt, but as great profit and enough free cash flow to pay the interest, the debt, the 2% dividend and still getting profits. A bit overvalued, that ´s sure, but the growth is big, since last year 53% for 2021 there is an estimate of 2%, but not sure about cause that is the one of biggest technology EEUU stocks. My data come from different sources, do your own research, i do not own a cristal ball :-) but i like the chart and the company. Happy Trading, Charlie
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Great day for QCOM the company confirm is 140 bucks +, i think this kind of enterprise the key is to be patient their are very powerful corp. $170 is my target
Definitely a solid company and pays dividends which means it has confidence to make money to dish out money ... when news say the "Mkt is in short supply of chips" you know it's good business.
Charlie2029
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@sipiceanu, yes for sure, today better IMO, than gold or silver, QCOM is well backed by the worlds most powerful institutions.