After an epic rally from 2019 to 2021, shares of mobility chip giant Qualcomm (NASDAQ: QCOM) haven't done so well lately. Following yet another sell-off in the market (thanks, inflation), Qualcomm stock is again near its 52-week lows and off over 30% from its all-time high last year. This is now the third time in a year Qualcomm has fallen to this level -- and this time, it's trading for a meager 11 times trailing-12-month earnings per share. Read More...
After an epic rally from 2019 to 2021, shares of mobility chip giant Qualcomm (NASDAQ: QCOM) haven’t done so well lately. Following yet another sell-off in the market (thanks, inflation), Qualcomm stock is again near its 52-week lows and off over 30% from its all-time high last year. This is now the third time in a year Qualcomm has fallen to this level — and this time, it’s trading for a meager 11 times trailing-12-month earnings per share.
