(This is the second in a series of stories about technology stocks that investors may be overlooking. Qualcomm Inc. is being discounted by technology investors based on its “reasonable” valuation and growth prospects as 5G service and equipment is rolled out, said Charles Lemonides, CEO of ValueWorks in New York. The investor believes Broadcom, whose attempted hostile takeover bid for Qualcomm was nixed by President Trump in 2018, is a stock to be avoided. Read More...
Trump kept these tech giants apart — now one’s a ‘buy’ and the other should be avoided
(This is the second in a series of stories about technology stocks that investors may be overlooking. Qualcomm Inc. is being discounted by technology investors based on its “reasonable” valuation and growth prospects as 5G service and equipment is rolled out, said Charles Lemonides, CEO of ValueWorks in New York. The investor believes Broadcom, whose attempted hostile takeover bid for Qualcomm was nixed by President Trump in 2018, is a stock to be avoided.
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