3 Reasons to Buy Qualcomm Stock, 1 Reason to Sell
Qualcomm (NASDAQ: QCOM) has driven considerable returns in past decades. Its niche in the smartphone chipset market has made its semiconductors an essential part of the advancement of wireless for decades.
Qualcomm has fallen into bear market territory from early 2022 highs, though the chip stock has outperformed the S&P 500 over the last year. But despite that relative resilience, determining whether that drop is a buying opportunity may lie both in the stock's attributes and one significant challenge.
Qualcomm's lawyers have spent years countering the "monopoly" label. This makes sense as such a legal designation can lead to fines, penalties, and in extreme cases, a forced breakup of the company.
Source Fool.com
