Evercore's Mark McKechnie starts Qualcomm (QCOM +0.2%) and InvenSense (INVN +4.5%) at...

|About: Qualcomm Inc. (QCOM)|By:, SA News Editor

Evercore's Mark McKechnie starts Qualcomm (QCOM +0.2%) and InvenSense (INVN +4.5%) at Overweight. McKechnie sees Qualcomm benefiting from rising sales of 3G/4G notebooks and tablets, and predicts its chip margins, hurt by 28nm yield issues and high R&D spending, will eventually rebound. As for InvenSense, he considers its MEMS motion sensor chips differentiated from rival solutions, and forecasts huge unit growth. Research In Motion and Nokia have been started at Equal weight.