5 Best Robinhood Stocks to Buy According to Billionaires

4. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Billionaire Holders: 23

On May 9, Tigress Financial Partners raised its price recommendation on QUALCOMM Incorporated (NASDAQ:QCOM) to $280 from $270. It reiterated a Buy rating on the shares. The firm said it sees Qualcomm as an “increasingly compelling investment opportunity” as the company continues shifting from a wireless pioneer into a key player in intelligent connectivity and AI across devices, vehicles, and data centers.

During its earnings call for fiscal Q2 2026, Executive VP, CFO & COO Palkhiwala stated that the company expects third fiscal quarter revenues to range between $9.2 billion and $10 billion, with non-GAAP EPS projected between $2.10 and $2.30. Palkhiwala also noted that QCT handset revenues are expected to be around $4.9 billion due to the impact of industry-wide memory dynamics. He added that the company now expects QCT handset revenues from Chinese customers to bottom out in the third quarter before returning to sequential growth in the following quarter.

In QCT Automotive, Palkhiwala said the company anticipates year-over-year revenue growth to accelerate further to around 50% in the third fiscal quarter.

QUALCOMM Incorporated (NASDAQ:QCOM) is engaged in the development and commercialization of foundational technologies for the wireless industry, along with high-performance and low-power computing, including on-device artificial intelligence.