In this video, I will go over Qualcomm‘s (NASDAQ: QCOM) recent earnings report and crucial points mentioned during the earnings call. If you missed Nvidia‘s huge run-up and still want to get exposure to semiconductors and AI, Qualcomm might be the next best thing.
*Stock prices used were from the trading day of Feb. 1, 2024. The video was published on Feb. 1, 2024.
Should you invest $1,000 in Qualcomm right now?
Before you buy stock in Qualcomm, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Qualcomm wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.
*Stock Advisor returns as of January 29, 2024
Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia and Qualcomm. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Missed Out on Nvidia? Buy This Amazing Artificial Intelligence (AI) Semiconductor Stock was originally published by The Motley Fool
