Qualcomm Might Be a Hot AI Stock Next Year
Qualcomm could surprise a lot of investors next year.
Overview
If you're looking for the next hot AI stock, you may want to give Qualcomm (NASDAQ: QCOM) a closer look. It has trailed most of the high-flying chipmakers with a measly 28% return over the past five years, but a financial turnaround is starting to take shape.
The stock's current valuation suggests it will continue to deliver uninspiring results, but recent press releases challenge that view.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.