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QCOM
Qualcomm Inc. - NASDAQ

7/9/2014, 8:30 PM ET
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  • Qualcomm Set For A Strong Second Half Of 2014
    Options Calling Thu, Jun. 26 16 Comments

    Summary

    • Qualcomm is in virtually every current and new mobile handset and tablet.
    • China Mobile has reverted to the 5-mode handset, which benefits Qualcomm with higher margin patents and licensing that will be leveraged with over 750 million China Mobile subscribers.
    • Snapdragon 800 Series will most likely be part of the new Apple iPhone 6 and newer generation tablets.
  • Qualcomm Is Set To Grow
    IAEResearch Tue, Jun. 17 5 Comments

    Summary

    • The increased royalties from China will increase the revenue growth over the next few quarters.
    • Increased penetration in the Indian market through partnership with Micromax will result in enhanced revenues.
    • The growth in the second half of the year will result in pushing the stock price up.
  • Why Qualcomm's Royalty Rate Will Continue To Decline
    Trefis Mon, Jun. 9 22 Comments

    Summary

    • Qualcomm is the leading patent holder in advanced 3G mobile technologies, which has allowed the company to charge high royalty rates in the past.
    • The average royalty rate that Qualcomm charges mobile handset vendors has declined gradually over the past few years, as the average selling price of CDMA mobile phones continue to decline.
    • The company's average royalty rate of mobile devices based on its technology declined from 4.3% in 2008 to 3.2% in 2013, we estimate the figure to continue declining.
  • Qualcomm: What Would A 75% Payout Target Mean To Dividend Growth
    Stock Gamer Sun, Jun. 8 6 Comments

    Summary

    • Free cash flow will likely grow by 9%-10% CAGR through fiscal 2016.
    • Under the 75% payout target, dividend per share growth will have to slow down in order to keep both free cash flow and earnings dividend payout ratio stable.
    • Share valuation seems to have priced in my dividend growth expectation.
  • My Calculation - $110 Million In Pretrial Interest Agreed To By Qualcomm And ParkerVision
    The Capitalist Thu, Jun. 5 35 Comments

    Summary

    • At a May 29 meeting, ParkerVision and Qualcomm agreed on the methodology and rate to be used to calculate pre-judgment interest.
    • The rate will be midway between the Florida statutory rate proposed by ParkerVision and the prime rate proposed by Qualcomm.
    • The parties have agreed on the pre-judgment supplemental damages methodology.
    • The parties have agreed on the post-judgment ongoing royalty methodology.
  • Intel Vs. Qualcomm: Who Has The Better Roadmap For 2015?
    Alex Cho Mon, May. 26 17 Comments

    Summary

    • Qualcomm outlines mobile roadmap for 2014 and 2015.
    • It's safe to assume Qualcomm will remain dominant in GPU and Modem.
    • Intel may gain market share due to aggressive pricing.
  • Qualcomm's Modem For Smartwatches Will Ignite Growth
    Alex Cho Mon, May. 26 6 Comments

    Summary

    • Qualcomm has an SoC for smartwatches that will ship in 2014.
    • The SoC will most likely use 28nm technology.
    • Qualcomm's device shipment may re-accelerate assuming 7.5 million smartwatch units are sold in the United States.
  • Is Qualcomm A Solid Long-Term Investment?
    IAEResearch Tue, May. 20 7 Comments

    Summary

    • The growth in dividends and cash flows has been impressive and Qualcomm's income component is becoming important for sharehodlers.
    • Almost all the segments of the company have shown solid progress and major segments in wireless and mobile chips are set to grow further.
    • Qualcomm's policy of investing in different related ventures will enhance the portfolio of the company in the long-run.
  • Why Qualcomm's Economic Castle Is Remarkable
    Valuentum Mon, May. 19 5 Comments

    Summary

    • Valuentum's Economic Castle rating assesses a firm's ROIC-less-WACC spread to evaluate the attractiveness of its business. Qualcomm has an economic castle.
    • The firm has a Valuentum Buying Index score of 7, reflecting our "fairly valued" DCF assessment of the firm, its attractive relative valuation versus peers, and bullish technicals.
    • Though we prefer higher-rated firms in the Best Ideas portfolio, we like Qualcomm quite a bit.
  • Why Qualcomm's Stock Is A Long-Term Investment Opportunity Right Now
    Arie Goren Tue, May. 13 21 Comments

    Summary

    • QCOM is an excellent combination of good value and strong growth dividend stock.
    • QCOM is generating strong free cash flows and returns value to its shareholders by stock buyback and by increasing dividend payments.
    • QCOM raised its earnings per share guidance for the fiscal year 2014.
  • Qualcomm Is A Hold With 12% Upside
    Nate Costello Mon, May. 12 7 Comments

    Summary

    • QCOM is neither a strong buy or strong sell, but a hold with general market performance expected.
    • Investors in QCOM should be looking forward to the internet of things.
    • QCOM is still a strong company with growth potential and a solid inventory of patents.
  • Too Much Love At Qualcomm?
    Shiv Kapoor Fri, May. 9 8 Comments

    Summary

    • Qualcomm is possibly the best loved mega-cap stock in the market today.
    • Qualcomm was weak during the week commencing 4/21/14. The weakness was triggered by revenues falling slightly shy of expectations.
    • Any weakness resulting from a loss of interest from momentum investors should be used as a buying opportunity.
    • A large decline would be unexpected as value and growth investors are likely to mount a spirited defense.
  • Qualcomm - Continued Growth Or Emerging Signs Of A Value Trap?
    The Value Investor Tue, May. 6 7 Comments

    Summary

    • Qualcomm's shares trade near all-time highs despite short term headwinds.
    • Stock is attractive on the back of a strong balance sheet and reasonable valuation.
    • Yet I remain reserved as I worry about long term competition and avoidance of Qualcomm's licenses.
  • Qualcomm: A High-Quality Stock That Deserves An $85 Price Target
    Alcaraz Research Mon, May. 5 4 Comments

    Summary

    • Alpha Omega Mathematica rates Qualcomm as a Strong Buy with an overall score of 95%, making it the current #2 top pick among mega-cap companies.
    • Using Alpha Omega Mathematica’s valuation modeling which relies on comparative study of stocks compared to their Market, Sector, and Industry peers, QCOM is underpriced.
    • QCOM’s library of patents gives it leverage on the mobile industry.
  • 2 Reasons Why Qualcomm Is A Solid Buy Despite A Weak Earnings Report
    Renu Singh Sun, May. 4

    Summary

    • Qualcomm disappointed investors and analysts with its latest report, but this isn't the end of the road for the company.
    • The pick-up in demand for smartphones in China should lead to increased sales of Qualcomm's chips, while Apple's expected product introductions are also a big opportunity.
    • Qualcomm has a strong balance sheet and its earnings growth expectations are also robust, making it a solid buy.
  • What To Expect From Qualcomm

    Summary

    • 2nd quarter earnings increased but at a slower pace due to the slow growth of high-end device sales at the beginning of 2014.
    • Qualcomm revised and increased its earnings per share estimate and now expects an EPS range between $5.05 and $5.25.
    • Qualcomm recently released its high-end Snapdragon 808 and 810 both 4G LTE 64-bit chipsets that support 4k video recording.
  • Even As Growth Slows, Qualcomm Remains Undervalued
    Bottom Up Investing Thu, May. 1 7 Comments

    Summary

    • Qualcomm's core mobility operations continue to have a secular tailwind.
    • The estimated intrinsic value is $81-$98 per share.
    • The technicals are in a bull market of intermediate and primary degree.
  • Qualcomm: 3 Different Insiders Have Sold Shares During The Last 30 Days
    Markus Aarnio Sun, Apr. 27 8 Comments

    Summary

    • 3 insiders sold Qualcomm stock within one month.
    • The stock was not purchased by any insiders in the month of intensive selling.
    • 2 of these 3 insiders decreased their holdings by more than 10%.
QCOM vs. ETF Alternatives
Company Description

Qualcomm Inc develops digital communication technology called CDMA (Code Division Multiple Access), & owns intellectual property applicable to products that implement any version of CDMA including patents, patent applications & trade secrets.