Qualcomm Stock Analysis: Here's What Investors Should Know

By Parkev Tatevosian, CFA – Jun 22, 2024 at 9:59AM

NASDAQ: QCOM

Qualcomm

Market Cap

$218B

Today's Change

(-1.10%) -$2.18

Current Price

$195.15

Price as of June 27, 2024, 4:00 p.m. ET

Qualcomm hopes to benefit from the tailwind to its industry from the increasing effectiveness of artificial intelligence.

Fool.com contributor Parkev Tatevosian evaluates Qualcomm (QCOM -1.10%) stock for long-term investors.

*Stock prices used were the afternoon prices of June 19, 2024. The video was published on June 21, 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.