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Enter Symbol:
Qualcomm Incorporated (QCOM) [hlAlert]

Mkt Underperform
up 21.44 %

Qualcomm Incorporated (QCOM) downgraded to Mkt Underperform by Charter Equity

Posted on: Thursday,  Jul 23, 2009  8:25 AM ET by Charter Equity

Charter Equity rated Mkt Underperform Qualcomm Incorporated (NASDAQ: QCOM) on 07/23/2009, when the stock price was $47.35. Since then, Qualcomm Incorporated
has lost 17.66% of its value until Charter Equity rated QCOM Buy on 02/16/2010, when the price was $38.99.
If you would have followed this Charter Equity's recommendation on QCOM, you would have gained 21.44% of your investment in 208 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)

Charter Equity Research is an independent equity research firm focusing on the wireless/telecom industry. We provide an in-depth, vertical coverage of the wireless industry which include services, equipment and semiconductor companies. The basis of our recommendations comes from our industry background, financial expertise and our access to a network of public and private company contacts in the wireless industry. We provide exclusive, insightful and qualitative analyses on the companies we cover with a perspective of the entire wireless foodchain which gives our clients the appropriate context needed to make accurate and timely investment decisions.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/16/2010 12:25 PM Buy
as of 12/31/2009
1 Week down  -11.14 %
1 Month down  -13.86 %
3 Months down  -13.91 %
1 YTD up  14.73 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/23/2009 8:25 AM Sell
6/24/2009 10:25 AM Hold
1/28/2009 8:25 AM Buy
7/25/2007 1:25 PM Hold

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