Better Buy: NVIDIA Corp. vs. Qualcomm
Longtime chipset leaders Qualcomm (NASDAQ: QCOM) and NVIDIA (NASDAQ: NVDA). have experienced decidedly different 2017s so far. Qualcomm stock has lost 18% year-to-date, while NVIDIA has soared 58%, even after the recent head-shaking sell-off that followed its Aug. 10 earnings report.
Considering recent performance, NVIDIA would seem to be the better buy, hands down. But it could be argued that Qualcomm's legal troubles -- it's battling with both government agencies in multiple nations, and longtime smartphone customer Apple -- have made it a screaming value. One could make a case for either Qualcomm or NVIDIA as a long-term stock holding, but right now, one has the edge.
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Source: Fool.com
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