It's been hard to miss the news regarding Qualcomm's (NASDAQ: QCOM) legal "situations," even if someone wanted to. Qualcomm shareholders have certainly felt the impact of the multiple courtroom wranglings that have knocked the stock down 17% this year. Things could be worse, however, considering it's up 7% over the past month.

Uncertainty is often a stock's worst nightmare, and that has definitely been the case with Qualcomm. That said, for long-term investors in search of value, the questions swirling around Qualcomm could be an outstanding opportunity. Is its stock a buy, or should investors turn and run for the hills? The answer may surprise you.

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Source: Fool.com