13 Best Large Cap Stocks to Invest in For the Long Term

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10. QUALCOMM Incorporated (NASDAQ:QCOM)

5-Year Revenue Growth: 13.48%

Analyst Upside: 23.89%

Market Cap: $170.92 billion

Number of Hedge Fund Holders: 76

QUALCOMM Incorporated (NASDAQ:QCOM) is one of the best large cap stocks to invest in for the long term. Citi analyst Christopher Danely reiterated a Hold rating on QUALCOMM Incorporated (NASDAQ:QCOM) on November 20, setting a $180 price target.

Separately, in conjunction with HUMAIN, the PIF company delivering global full-stack artificial intelligence solutions, QUALCOMM Incorporated (NASDAQ:QCOM) reported on November 19 plans to open a new Qualcomm AI Engineering Center at HUMAIN in Riyadh “to support HUMAIN’s roll-out of 200 megawatts of data center capacity based on Qualcomm’s advanced Cloud AI solutions starting in 2026”.

The two previously rolled out a transformative collaboration for the deployment of advanced AI infrastructure in Saudi Arabia, powered by Qualcomm’s Cloud AI hardware and software, including the Qualcomm® AI200 and AI250 rack solutions, and providing “high-performance AI inference services at industry-leading performance per total cost of ownership (TCO)” both across the globe and in the Kingdom.

QUALCOMM Incorporated (NASDAQ:QCOM) develops and commercializes foundational technologies for the wireless industry, including 3G, 4G, and 5G wireless connectivity and high-performance and low-power computing, including on-device AI.

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