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Qualcomm Corp. (QCOM) remains an attractive buy on charts
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Posted on 11/05/09 at 1:14am by Mark Moneymaster
Qualcomm Corp. (NASDAQ: QCOM), the world’s largest producer of mobile-phone chips, forecast that it would post higher profits in profit in Q1.
Qualcomm Corp's(QCOM) stock is, howevever, likely to show further strength if it decisively breaches $43 on high volumes.
Qualcomm Corp's (QCOM) announcement regarding guidance may top analysts’ estimates, which is a sign that demand for handsets is returning to levels before the economic slump.
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