Qualcomm Inc . fell 5.2% in Thursday’s pre-market trading after the chipmaker said on its 1Q FY21 call that financial performance could have been stronger if it had not been “supply constrained.”
Qualcomm ( QCOM ) reported fiscal 1Q diluted per share of $2.17 that came in ahead of analysts’ estimates of $2.10. Revenues came in at $8.24 billion, up by 62% year-on-year and below consensus estimates of $8.27 billion. (smarteranalyst.com)
For a long term investment, buying the Qualcomm dip could be a smart investment.
They pay 1.58% DIV YIELD and have a steady growth.
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