Qualcomm Making a run

Mr Index Beating Strategies!

Jan 19, 2024 — 1 min read

Qualcomm is about to make a move! The Stock is still on the cheap side. Trading at less than 20x this years earnings. Their Oryon Processor, which will be released this year outperforms Apple's M2 Processor. It is a real Windows ARM Laptop competitor. The chip will accelerate the transition from x86 to ARM. Taking market share from AMD and Intel!

When it clears $150, it will make short work to get to the 180's, and all time new highs this year.

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with a regulated financial advisors before engaging in any trading activities.

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Qualcomm Making a run

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