Better Buy: Qualcomm Inc vs. NVIDIA

Qualcomm (NASDAQ: QCOM) and NVIDIA (NASDAQ: NVDA) have both led their respective technology markets for years, and technology investors are right to take notice of both companies. Qualcomm makes mobile processors and baseband chips (modems) that have become staples in the mobile industry. Additionally, the company has a treasure trove of intellectual property that it licenses to smartphone makers. If you've ever owned a smartphone -- of any kind -- then you've almost certainly used Qualcomm's technologies.

NVIDIA may be lesser known than Qualcomm but the company has become one of the most dominant players across several growing tech industries. NVIDIA's graphics processors dominate the discrete desktop graphics processing unit (GPU) market and its artificial intelligence (AI) hardware and software is quickly becoming a leader in the driverless car space.

With both companies already such an integral part of so many technologies, it can be hard to assess which company has the better stock to buy right now. So let's look at the financial fortitude of both, what their competitive advantages are, and each one's current valuation to figure out which is the better buy right now.

Source: Fool.com