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These two semiconductor stocks are selling at attractive valuations.
The latest trading day saw Qualcomm (QCOM) settling at $161.51, representing a +1.61% change from its previous close.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Cristiano Amon, CEO of Qualcomm, discusses the chipmaker's collaboration with BMW on an automated driving system at the IAA Conference in Munich.
Qualcomm and BMW jointly developed an automated driving system that will debut on the BMW iX3. Qualcomm CEO Cristiano Amon told CNBC that the Snapdragon Ride Pilot Automated Driving System is available for any automaker to licence.
Shares of Qualcomm Inc. NASDAQ: QCOM closed around $160 on Monday, once again running into resistance at a level they have struggled to clear since June.
The stock market is currently in a bullish phase despite lingering economic uncertainties, with several equities lined up for further growth.
IBM holds a competitive edge over Qualcomm with steadier cash flow, SaaS-driven growth and a more attractive valuation.
Recently, Zacks.com users have been paying close attention to Qualcomm (QCOM). This makes it worthwhile to examine what the stock has in store.