Qualcomm Looks Like a Timely Investment

One stock that has recently caught our attention is Qualcomm (QCOM). As value investors, we are intrigued by the combination of a depressed valuation and the fact that Qualcomm's shares have been relatively flat over the past year, compared with a 25% rise in the S&P 500 index.

Both factors likely reflect investor concerns of a slowing high-end smartphone market dominated by the Apple (AAPL) iPhone and Samsung Galaxy lines. Furthermore, we believe that investors are also getting worried that incremental sales growth from the emerging markets will occur at price points much below growth in developed markets, thereby diluting the growth rate even more....434 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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