5 Reasons to Buy Qualcomm, and 1 Reason to Sell

Qualcomm (NASDAQ: QCOM) is often considered a solid investment for long-term investors. It's a leading producer of application processors, integrated GPUs, and baseband modems for mobile devices, and its massive portfolio of wireless patents grants it a cut of every smartphone sold worldwide -- even those that don't use Qualcomm's chips.

Over the past five years, Qualcomm's stock has risen roughly 160% and generated a total return of about 200% after factoring in reinvested dividends. The S&P 500 only generated a total return of 110% during the same period.

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Source Fool.com