The Latest Breaking News from QCOM

Amid recent volatility in large-cap tech stocks, here are five standout Nasdaq-100 names that are worth buying the dip.

The S&P 500 Index ($SPX ) (SPY ) today is up +1.71%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.89%. US stocks today are moderately higher, with the S&P 500 and Nasdaq 100 posting...

Qualcomm is scheduled to report earnings on July 31, and one analyst just hiked the chip stock's price target ahead of the report.

With QUALCOMM gearing up to release its third-quarter earnings later this month, analysts expect double-digit earnings growth.

Both of these growth stocks have a potential upside of around 40% to 54%.

Up 43% year-to-date, QCOM has recently dipped, offering a buying opportunity in this company poised to benefit from the growing semiconductor industry and AI-driven trends.

Qualcomm stock still looks cheap here based on its strong free cash flow and FCF margins. Shorting out-of-the-money put options has proven to be a good income play for value investors in QCOM stock.

Rapid digital transformation and technology upgradation have propelled the 5G market demand. Hence, fundamentally solid tech stocks QUALCOMM (QCOM), Verizon Communications (VZ), and AT&T (T) could be ideal buys as they lead the 5g revolution. Read more.

While you shouldn’t abandon your growth-centric approach, income-providing enterprises can bolster your overall performance.

QUALCOMM has significantly surpassed the S&P 500 this year, and analysts are bullish on the stock due to its recent product launches and surging demand stemming from the AI and automotive sectors.

Thanks to increased spending and optimistic analyst sentiments, the tech sector seems well-positioned for robust growth in the upcoming years. Thus, to gain exposure to the tech sector, one could consider investing in quality tech ETFs First Trust Nasdaq Semiconductor (FTXL), Global X Artificial Intelligence & Technology (AIQ), and iShares…