Why Qualcomm’s (QCOM) Long-Term Prospects Shine, Even if the Stock Doesn’t
Qualcomm (QCOM) has underperformed over the past year, declining 26%, primarily due to macroeconomic factors rather than internal company mechanics. Although the company’s fundamentals remain very solid, it has faced some headwinds, such as concerns that its business is too concentrated on Apple (AAPL) for modem revenue, despite its broader operations still being more rooted in the Android ecosystem. Still, that doesn’t stop me from seeing the stock as a long-term Buy—especially since my bullish
