Is Qualcomm an Excellent AI Stock to Buy?

By Parkev Tatevosian, CFA – Jun 20, 2024 at 10:55AM

NASDAQ: QCOM

Qualcomm

Market Cap

$220B

Today's Change

(-2.39%) -$4.84

Current Price

$197.33

Price as of June 26, 2024, 4:00 p.m. ET

Qualcomm is taking aim at new markets in 2024.

Fool.com contributor Parkev Tatevosian answers if Qualcomm (QCOM -2.39%) stock is an excellent investment.

*Stock prices used were the afternoon prices of June 17, 2024. The video was published on June 19, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Qualcomm. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.