Every semiconductor stock has had its moment to shine when its time came, even a company like $Intel(INTC)$ that's been lagging has seen its price go up. $Qualcomm(QCOM)$ is one of the cheapest stocks from a valuation perspective, and with the edge AI and data center thesis, its time might be now. It was a $200 stock five years ago and hasn't returned much since, but I think that could change soon. I'm betting it could reach $500 before 2030.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Sabrina Tsai·06-29 22:24Why why keep dropping nowLikeReport
