Qualcomm Inc $ 114.5 2.31 (2.06%)
Qualcomm Inc News and Headlines -
We purchased several American and European defense companies. We like these businesses for several reasons: Their business will not be significantly impacted by or changed by the coronavirus. The government will maintain military production, and maintenance of submarines, aircraft and tanks will continue with or without social distancing.
Also, the world is not becoming safer. Nationalistic tensions were on the rise before the virus; but despite the stump speeches by politicians about job losses due to globalization, companies had little incentive to bring manufacturing back to the U.S. This has changed. The virus exposed the weaknesses of the global trade
Often called the "father of the hedge fund," Robertson founded Tiger Management in 1980, turning an initial $8 million into over $22 billion by the late 1990s. After losing 4% in 1998 and 19% in 1999 as rivals rode the dot-com bubble to its peak, he shut down the fund in 2000, and Tiger Management now only manages money from internal sources (mainly Robertson's personal wealth). Robertson's long-short strategy is based on investing in the
The Dow Jones Industrial Average closed at 26,313.65 on Thursday with a loss of 225.92 points or -0.85%. The S&P 500 closed at 3,246.22 for a loss of 12.22 points or -0.38%. The Nasdaq Composite closed at 10,587.81 for a gain of 44.87 points or 0.43%. The VIX Volatility Index was higher at 25.25 for a gain of 1.15 points or 4.77%.
Thursday’s market movers
U.S. indexes closed mostly lower Thursday after gross domestic product was a detractor. Annualized GDP decreased 32% from the first quarter to the second. Initial jobless claims and continuing jobless claims were another detractor, both
The Dow Jones Industrial Average closed at 26,584.77 on Monday with a gain of 114.88 points or 0.43%. The S&P 500 closed at 3,239.41 for a gain of 23.78 points or 0.74%. The Nasdaq Composite closed at 10,536.27 for a gain of 173.09 points or 1.67%. The VIX Volatility Index was lower at 24.79 for a loss of 1.05 points or -4.06%.
Monday’s market movers
U.S. indexes closed higher Monday after two days of closing losses. The Nasdaq regained 1.67%. On Capital Hill, lawmakers continued to negotiate a second round of stimulus measures. Officials have reported another $1,200 payment
The Dow Jones Industrial Average closed at 26,652.33 on Thursday with a loss of 353.51 points or -1.31%. The S&P 500 closed at 3,235.66 for a loss of 40.36 points or -1.23%. The Nasdaq Composite closed at 10,461.42 for a loss of 244.71 points or -2.29%. The VIX Volatility Index was higher at 26.02 for a gain of 1.70 points or 6.99%.
Thursday’s Market Movers
U.S. indexes closed lower Thursday after rallying to start the week. Investors were concerned over a rise in jobless claims.
On the earnings calendar:
- Dow Inc. (DOW): Revenue of $8.35 billion decreased -24.2% year
The Dow Jones Industrial Average closed at 25,827.36 on Thursday with a gain of 92.39 points or 0.36%. The S&P 500 closed at 3,130.01 for a gain of 14.15 points or 0.45%. The Nasdaq Composite closed at 10,207.63 for a gain of 53.00 points or 0.52%. The VIX Volatility Index was lower at 27.77 for a loss of 0.85 points or -2.97%.
For the week, the Nasdaq gained 4.6%, the S&P 500 gained 4.0% and the Dow Jones gained 3.3%. For the year, the Nasdaq has a gain of 13.76%, the S&P 500 is down 3.12% and the Dow Jones
According to the GuruFocus All-in-One Screener as of June 22, the following technology companies are popular among gurus.
Micron Technology Inc. (MU) has a market cap of $54.6 billion. Its revenue has declined 16.7% over the past 10 years.
The company is held by 21 gurus, including PRIMECAP Management (Trades, Portfolio) with 4.81% of outstanding shares, David Tepper (Trades, Portfolio) with 0.80% and Andreas Halvorsen (Trades, Portfolio) with 0.60%.
As of June 30, the stock was trading with a
The Dow Jones Industrial Average closed at 25,742.65 on Tuesday with a gain of 267.63 points or 1.05%. The S&P 500 closed at 3,080.82 for a gain of 25.09 points or 0.82%. The Nasdaq Composite closed at 9,608.37 for a gain of 56.33 points or 0.59%. The VIX Volatility Index was lower at 26.84 for a loss of 1.39 points or -4.92%.
Tuesday’s market movers
U.S. stocks reported a third day of gains on Tuesday. Investors overlooked social unrest with optimism over reopening success. The energy sector also helped gains. The S&P 500 energy sector was up 3.04% as OPEC
The Dow Jones Industrial Average closed at 25,383.11 on Friday with a loss of 17.53 points or -0.07%. The S&P 500 closed at 3,044.31 for a gain of 14.58 points or 0.48%. The Nasdaq Composite closed at 9,489.87 for a gain of 120.88 points or 1.29%. The VIX Volatility Index was lower at 27.36 for a loss of 1.23 points or -4.30%.
For the week, the Dow Jones gained 3.9%, the S&P 500 gained 3.1% and the Nasdaq had a return of 1.9%. For the month of May, the Nasdaq gained approximately 10%, the S&P 500 gained around 6% and
Often called the “father of the hedge fund,” Julian Robertson (Trades, Portfolio) founded Tiger Management in 1980, turning an initial $8 million into over $22 billion by the late 1990s. After losing 4% in 1998 and 19% in 1999 as rivals rode the dot-com bubble to its peak, he shut down the fund in 2000, and Tiger Management now only manages money from internal sources (mainly Robertson’s personal wealth). Robertson’s long-short strategy
The Dow Jones Industrial Average closed at 24,499.47 on Thursday with a loss of 76.43 points or -0.31%. The S&P 500 closed at 2,953.02 for a loss of 18.59 points or -0.63%. The Nasdaq Composite closed at 9,284.88 for a loss of 90.90 points or -0.97%. The VIX Volatility Index was higher at 29.53 for a gain of 1.54 points or 5.50%.
Thursday’s market movers
U.S. indexes closed lower Thursday, with investors giving back some of yesterday’s gains. Globally, coronavirus cases surpassed 5 million. A report from the Wall Street Journal also said approximately 3% of credit cards are in
To dividend growth investors, a dividend increase is a sign that the underlying company is on solid financial footing. In uncertain economic conditions, dividend increases represent strength. For those looking to live off of dividend income, these raises are important as they help offset inflation while increasing income. We will look at four stocks trading with a market capitalization above $10 billion that have recently increased dividends.
Cardinal Health Inc. (CAH) is one of the largest drug distributors in the U.S. The company provides products to more than 24,000 pharmacies and counts 85% of the nation’s hospitals
The Dow Jones Industrial Average closed at 23,949.76 on Tuesday with a gain of 558.99 points or 2.39%. The S&P 500 closed at 2,846.06 for a gain of 84.43 points or 3.06%. The Nasdaq Composite closed at 8,515.74 for a gain of 323.32 points or 3.95%. The VIX Volatility Index was lower at 37.88 for a loss of 3.29 points or -7.99%.
Tuesday’s market movers
Stocks gained Tuesday after the Trump administration discussed plans for reopening the economy by May 1. Coronavirus cases showed signs of descent, with total cases rising to around 600,000 in the U.S.
Investors were also
According to the GuruFocus All-In-One Screener, a Premium feature, the following companies were trading with low price-sales ratios as of April 14.
Shares of ePlus Inc. (PLUS) were trading around $62.36 each with a price-sales ratio of 0.55 and a price-earnings ratio of 11.81.
The holding company, which provides information technology solutions, has an $844.7 million market cap. The stock has risen at an annualized rate of 22.41% over the past decade.
The discounted cash flow calculator gives the company a fair value of $59.60, suggesting it is undervalued with a 58%
In the information technology sector, shares of Qualcomm (QCOM) finished higher as a result of the chip manufacturer reaching a multibillion-dollar settlement with Apple in the second quarter, followed by stronger-than-expected revenues later in the year, as Mobile Station Modem chip shipments exceeded expectations.
From [url=https://www.gurufocus.com/StockBuy.php?GuruName=T+Rowe+Price+Equity+Income+Fund]T Rowe Price Equity Income Fund[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=T+Rowe+Price+Equity+Income+Fund]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=T+Rowe+Price+Equity+Income+Fund]Portfolio[/url])'s 2019 annual shareholder letter.
Stocks posted strong gains in 2019 as most major U.S. indexes hit record highs in a broad-based rally that more than offset 2018’s losses. Large- and mid-cap growth stocks were the strongest performers, with the S&P 500 and Nasdaq benchmarks recording their best year since 2013. U.S. shares outpaced their global counterparts, although most non-U.S. indexes also finished with solid double-digit gains.
Technology shares performed best within the S&P 500, helped by strong gains from industry giants Apple and Microsoft, and financial stocks also outperformed the broader market. Fixed income securities produced solid gains during the period as
Qualcomm (QCOM), the leading manufacturer of mobile phone chips, contributed 141 basis points to the Fund’s performance, as the stock soared from $56.91 to $88.23 for a total return of 60.7%. The stock saw its biggest one-day jump in nearly 20 years after Qualcomm reached an agreement with Apple to settle all litigation between the two companies worldwide. The years-long dispute centered around what royalties Apple should pay for the chip that powers the Apple iPhone. Ultimately, Apple paid Qualcomm for the chips it received, and further agreed to long-term license and supply agreements. Though Qualcomm’s victory was later tempered
Adaptive Biotechnologies Corp
During the quarter, the firm acquired a new position in Adaptive Biotechnologies Corp. (ADPT), buying 1.11 million shares. The portfolio was impacted by 13.06%.
The company has a market cap of $3.75 billion and an enterprise value of $3.20 billion.
GuruFocus gives the company a profitability and growth rating of 1 out of 10. While the return on equity of -93.69% is underperforming the sector, return on assets of -12.42% is outperforming
"The two most powerful warriors are patience and time.” - Leo Tolstoy
“Great leadership is about continual change. An outstanding leader is always seeking opportunities in failure and always seeking improvement from success. Patience is key, but does not guarantee long-term prosperity.” - Iwasaki Yatarō
In Japan, the Sengoko period (or, as translated into English, “The Age of Warring States”) ran from roughly the mid-15th century and ended with the Battle of Sekigahara in 1603. During that time, Japan was engaged in nearly constant civil wars as a series of very powerful regional leaders known as d'imyo battled
Shares of chip developer and manufacturer Qualcomm (QCOM) reached decade highs after the company reported its fiscal year 2019 results. Despite a good amount of shipment reduction on its chips, Qualcomm beat Wall Street earnings expectations, so the stock has soared to new heights as a result.
For its fourth quarter, the $113 billion market cap, San Diego-based chipmaker reported a 22% decline in its revenue to $ 4.81 billion and earnings per share of 78 cents a share compared to Wall Street consensus estimates of 71 cents a share.
In review, Qualcomm may not have beaten estimates if figures