5 Best Autonomous Vehicle Stocks To Invest In

Page 1 of 5

In this piece, we’ll take a look at the 5 Best Autonomous Vehicle Stocks To Invest In. For more such companies, go to 11 Best Autonomous Vehicle Stocks To Invest In.

5. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 80

QUALCOMM Incorporated (NASDAQ:QCOM) is a world leader in the commercialization and development of wireless technologies. The company creates semiconductors, software, and wireless technology-related services. The technologies and solutions developed by the company are utilized in industries or applications such as automotive and the internet of things. QUALCOMM Incorporated (NASDAQ:QCOM) Snapdragon Ride Vision System is a new open, modular computer vision and scalable software stack designed for the optimized implementation of surround and front cameras for advanced driver assistance systems and automated driving.

On November 2, 2022, QUALCOMM Incorporated (NASDAQ:QCOM) reported its Q4 2022 result, reporting revenue of $11.39 billion, beating market estimates by $19.96 million. The company’s Normalized EPS stood at $3.13, meeting market expectations.

At the end of Q3 2022, 80 hedge funds in Insider Monkey’s database were long on QUALCOMM Incorporated (NASDAQ:QCOM) at the end of the quarter. Matrix Capital Management remained the leading stakeholder of the company at the end of Q3 2022.

Page 1 of 5