QUALCOMM Incorporated (QCOM): A Bull Case Theory

We came across a bullish thesis on QUALCOMM Incorporated (QCOM) on Investing Intel’s Substack. In this article, we will summarize the bulls’ thesis on QCOM. QUALCOMM Incorporated (QCOM)'s share was trading at $155.41 as of 9^th June. QCOM’s trailing and forward P/E were 15.86 and 12.96 respectively according to Yahoo Finance

[caption id="attachment_1226520" align="aligncenter" width="768"] A close up of a circuit board, its microchips creating a powerful computing system.[/caption]

Qualcomm’s $2.4 billion acquisition of UK-based Alphawave marks a strategic pivot into...