I love a bargain, whether it is in a supermarket or the stock market, especially when a fundamentally strong global brand with almost monopolistic like qualities, is oversold based on both fundamental and technical criteria’s.
Qualcomm (QCOM), a global leader in wireless technology licensing and mobile device chipsets which has a dominant market share in both businesses.
With its myriad of intellectual property patents over 3G and 4G wireless communication, allowing it to continually collect an abundance of royalties for every smart phone out in the market, it’s a company which is very under-appreciated and hence its current under valuation.
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