Why These 5 Stocks Are Trending on Wednesday

3. QUALCOMM Incorporated (NASDAQ:QCOM) shares have increased 1.5% after the company announced a $10 billion repurchase program that’s in addition to an existing buyback program of $900 million. QUALCOMM Incorporated (NASDAQ:QCOM) has bought back substantial shares in the past. The number of elite funds in our database that were long QUALCOMM Incorporated (NASDAQ:QCOM) fell to 72 in the second quarter from 73 in the first quarter.