Qualcomm (QCOM), the world’s largest mobile chipmaker, hasn’t had an easy ride in 2020. Of course, you can say that about an ever-growing number of companies, but the semiconductor giant’s large exposure to China and accompanied uncertainty concerning Apple’s 5G enabled phone launch, has seen it underperform its peer group.But according to Tigress Financial’s Ivan Feinseth, there’s no need to ring the alarm bells. In fact, the 5-star analyst argues, there are numerous short- and long-term drivers for Qualcomm, that its “leadership position in the global high-speed 5G network rollout will overcome any near-term COVID-19 pandemic-related weakness.” Accordingly, the 5-star …read more
Source:: Yahoo Finance
