11 Most Undervalued High Quality Stocks to Buy According to Hedge Funds

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9. QUALCOMM Incorporated (NASDAQ:QCOM)

Forward P/E Ratio: 13.38

Number of Hedge Fund Holders: 82

QUALCOMM Incorporated (NASDAQ:QCOM) is one of the Most Undervalued High Quality Stocks to Buy According to Hedge Funds. On July 9, QUALCOMM Incorporated (NASDAQ:QCOM) announced that its Snapdragon 8 Elite Mobile Platform will power the new Samsung Galaxy Z Fold7.

The platform features the latest Qualcomm Oryon CPU, which is claimed to be the world’s fastest mobile CPU. It also includes the advanced Hexagon NPU, which enhances the device’s AI capabilities. As a result of these technologies, the Galaxy Z Fold7 can deliver more powerful AI experiences than any previous foldable phone.

The Snapdragon 8 Elite was first seen in the Galaxy S25 series. Now, its special version for the Galaxy is coming to the Z Fold 7. This chip allows for advanced on-device AI, including understanding speech, images, and context.

QUALCOMM Incorporated (NASDAQ:QCOM) is a technology company that sells technologies related to wireless communication, including 3G, 4G, and 5G networks.

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