QCOM

Qualcomm, Inc.

TMT


Presented:03/18/2020
Price:$61.19
Cap:$69.94B
Current Price:$174.09
Cap:$193.94B

Presented

Date03/18/2020
Price$61.19
Market Cap$69.94B
Ent Value$107.82B
P/E Ratio17.4x
Book Value$3.95
Div Yield4.05%
Shares O/S1,143.04M
Ave Daily Vol10,998,777
Short IntN/A

Current

Price$174.09
Market Cap$193.94B
QUALCOMM, Inc. engages in the development, design, and provision of digital telecommunications products and services. It operates through the following segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on technologies for the use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses and provides rights to use portions of the firm's intellectual property portfolio. The QSI segment focuses on opening new or expanding opportunities for its technologies and supporting the design and introduction of new products and services for voice and data communications. The company was founded by Franklin P. Antonio, Adelia A. Coffman, Andrew Cohen, Klein Gilhousen, Irwin Mark Jacobs, Andrew J. Viterbi, and Harvey P. White in July 1985 and is headquartered in San Diego, CA.

Publicly traded companies mentioned herein: Apple Inc (APPL), Broadcom Inc (AVGO), Samsung Electronics Co Ltd (006930 KS), Qualcomm Inc (QCOM) 

Highlights 

The presenter remains long shares of Qualcomm (QCOM), the multinational semiconductor and telecommunications equipment company, believing that Qualcomm is a leader in 5G development, and will continue to take greater market share going forward. The stock has pulled back ~30% from its high of $95, but he thinks the company is underappreciated considering its 4.15% dividend yield and strong balance sheet, so he uses declines like this to ratchet exposure up.

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Idea Discussion

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