Qualcomm has sat out the big rally in chips, but the stock has growth potential – and it pays out income.
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The investment firm has an outperform rating on the semiconductor name.
Loop Capital sees shares of Qualcomm surging 32% from here.
Qualcomm delivered a fiscal fourth-quarter earnings and revenue beat, but that may not have been enough to satisfy some investors.
Across the board, Wall Street analysts are bullish on Qnity Electronics and have raised their price targets on the stock.
Qnity is in a great position to keep grabbing market share, not only as chips get smaller but also as the industry shifts more…
Semiconductor stocks have been on a tear and rank among the best performers this year.
