SocialPicks Monitor new  |    Stock Idea Community
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
The Rock-Star Investors Next Door
SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.
Top_member_photos
Get free stock picks and email alerts daily
 
Are you a stock guru?

6 pts

Opinion on  QUALCOMM Inc (QCOM)     Sector: Technology  >  Industry: Communications Equipment
Impressive Fundamentals

Apr 16, 2008 08:46 AM UTC
Astukphoto
Return Risk
-35.01% LOW
Sr. Associate

Fundamental Analysis   Analyst Recommendation  

by Zacks
We reiterate our Buy recommendation and the same valuation
target for Qualcomm (QCOM), a leading developer of digital
wireless chipsets based on CDMA technology, as the company
will shortly declare second quarter fiscal 2008 financial results
(ended March). As further support to our rating, the company
raised its financial outlook for full fiscal year 2008, despite facing
a weak U.S. economy. Qualcomm s fundamentals remain
compelling as robust growth in the 3G wireless handset market
are driving healthy product sales. Multiple WCDMA operators
have adopted Qualcomm s BREW platform and the company
maintains favorable average selling prices on most of its business
lines. We believe continued strength in the 3G wireless market
and the emergence of mobile video solutions, coupled with
superior technology and a cash strong balance sheet, support
Qualcomm s long-term growth prospects.
about me at marketocracy ...
my funds ...
invest all way through blog
socialPicks
digg
armin's shared items
twitter


QCOM:  This call was made on 04/16/08 @ $41.59
Rating:   Positive   $41.59 (04/16/08)
Gain/Loss:   -23.85% in 230 days
Target:   $50.00 (+20.22%) in > one year
Allocation:   0.7% of portfolio


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 18.70 +40.85% 175
2 17.51 +40.49% 57
3 16.70 +18.24% 7
4 14.22 +37.54% 211
5 13.70 +16.71% 40


POPULAR STOCKS
Symbol Company Name Sentiment

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
QUALCOMM Inc (QCOM)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
84.5%
Top:
14.0%




Latest Picks by Armin Stuk
Symbol SP Sentiment Rating Return Since
CNQ Positive -54.74% 08/21/08
SYUT N/A Positive -74.53% 08/13/08
ELN Positive -48.08% 08/05/08
BNI Positive -27.74% 07/30/08
XTO Positive -33.58% 07/22/08

View All >
   




IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch