Charlie2029

QCOM QUALCOMM INC (to the moon)

Long
Charlie2029 Updated   
NASDAQ:QCOM   QUALCOMM Incorporated
It is a great stock which has just pick up the rally in the upper Bollinger band two great days since i publish about QCOM
target is around $171 from institutional analyst.
Why not to believe them and jump to the Wave? :-)
this is a patriotic stock (no joking)
Vanguard Group
Blackrock
are the biggest institutional owners of QCOM. with 16% of the shares aproximettly
The company as a big debt, but as great profit and enough free cash flow to pay the interest, the debt, the 2% dividend and still getting profits.
A bit overvalued, that ´s sure, but the growth is big, since last year 53% for 2021 there is an estimate of 2%, but not sure about cause that is the one of biggest technology EEUU stocks.
My data come from different sources, do your own research, i do not own a cristal ball :-) but i like the chart and the company.
Happy Trading,
Charlie
Comment:
Great day for QCOM the company confirm is 140 bucks +, i think this kind of enterprise the key is to be patient their are very powerful corp. $170 is my target
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