Qualcomm's AI Infrastructure Pivot Is Underappreciated
As the tech company's AI data center product sales start to heat up, it looks like a candidate to outperform the S&P 500.
Overview
Qualcomm (NASDAQ: QCOM) is positioning itself for a major comeback in 2027, but most investors aren't taking it seriously. The stock is only up by 8% year to date.
The company's pivot into AI infrastructure is a major catalyst that suddenly makes the stock's 23 P/E ratio look like a bargain, and its established connections with other players in the tech sector give it a tremendous starting point.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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