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Enter Symbol:
 
Qualcomm Incorporated (QCOM) [hlAlert]

Rating:
Outperform
QCOM
up 42.47 %

Qualcomm Incorporated (QCOM) rated Outperform with price target $50 by FBR Capital Markets

Posted on: Wednesday,  Apr 8, 2009  8:25 AM ET by FBR Capital Markets

FBR Capital Markets rated Outperform Qualcomm Incorporated (NASDAQ: QCOM) on 04/08/2009, when the stock price was $40.26. Since
then, Qualcomm Incorporated has gained 42.47% as of 01/28/2016's recent price of $57.36.
If you would have followed this FBR Capital Markets's recommendation on QCOM, you would have gained 42.47% of your investment in 2486 days.

QUALCOMM Inc. develops and delivers innovative digital wireless communications products and services based on the company's CDMA digital technology. The company's business areas include CDMA integrated circuits and system software; technology licensing; the Binary Runtime Environment for Wireless applications development platform; Eudora e-mail software; digital cinema systems; and satellite-based systems including portions of the Globalstar system and wireless fleet management systems, OmniTRACS and OmniExpress. (Company Press Release)

FBR Capital Markets research group uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/8/2009 8:25 AM Buy
None
40.26 50.00
as of 12/31/2009
1 Week up  11.14 %
1 Month up  13.86 %
3 Months up  13.91 %
1 YTD up  27.27 %

(*) Stock Price at the time of the recommendation.
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