Qualcomm: Cyclical Low in Smartphone Demand and CPU Fantasy Propel Stock Higher. Model Portfolio Paper Gain of 38%!
Reading Time: 3 minutes
With Qualcomm, we had to endure a longer dry spell in the US model portfolio. For several months, the stock price went nowhere. However, the last few weeks have made up for that. The stock is coming into focus in the market and now provides us with a paper gain of over 38%. This has the following reasons: 1st Reason: Smartphone Market Hits Bottom The company's most important pillar - the business with processors for mobile phones - is leaving the dark times of inventory clearing behind. The management recently gave clear signals for a trend reversal....
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