Better Buy: Lumentum vs. Qualcomm
Lumentum (NASDAQ: LITE) and Qualcomm (NASDAQ: QCOM) both provide essential components for smartphones. Lumentum produces 3D-sensing chips for advanced cameras, and Qualcomm is the world's largest producer of mobile chipsets, which bundle together CPUs, GPUs, and baseband modems for smartphone manufacturers.
Both stocks have generated impressive returns for long-term investors. Lumentum's stock has rallied nearly 400% over the past five years, while Qualcomm's stock has advanced over 250%. If we factor in reinvested dividends, Qualcomm generated a total return of more than 320%. But as we all know, past performance never guarantees future gains -- so let's take a fresh look at both chipmakers to see which is the better investment.
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Source Fool.com
