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Qualcomm Incorporated (QCOM) [hlAlert]

Rating:
Buy QCOM
up 58.71 %

Qualcomm Incorporated (QCOM) rated Buy with price target $52 by Collins Stewart

Posted on: Friday,  Jul 24, 2009  8:25 AM ET by Collins Stewart

Collins Stewart rated Buy Qualcomm Incorporated (NASDAQ: QCOM) on 07/24/2009. Previously Collins Stewart rated Buy Qualcomm Incorporated (NASDAQ: QCOM) on 01/07/2009.,
when the stock price was $36.14. Since then, Qualcomm Incorporated has gained 58.72% as of 01/28/2016's recent price of $57.36.
If you would have followed the previous Collins Stewart's recommendation on QCOM, you would have gained 58.71% of your investment in 2577 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)

Collins Stewart's research department is built around a number of sector-specialist teams. Our analysts are leaders in their area of specialisation and combine deep industry knowledge with decades of stock broking experience to produce insightful, independent sector research. Our research approach encompasses Questâ„¢ principles and focuses on cash-driven valuation techniques. Research is a Collins Stewart cornerstone; it is leveraged throughout the organisation.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2009 8:25 AM Buy
None
47.14 52.00
as of 12/31/2009
1 Week up  11.14 %
1 Month up  13.86 %
3 Months up  13.91 %
1 YTD up  8.69 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/28/2009 10:25 AM Buy
None
42.24 50.00
1/7/2009 8:25 AM Buy
None
36.14 45.00

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