Here's Why Qualcomm (QCOM) is an Appealing Bet for Investors
Zacks Investment Research | Nov 29, 2021 11:05PM ET
Driven by a resilient business model, shares of Qualcomm Incorporated SWIR is another solid pick for investors, carrying a Zacks Rank #2. The consensus estimate for current-year earnings has narrowed from a loss of $1.22 per share to a loss of 97 cents over the past 30 days.
Sierra Wireless delivered a trailing four-quarter earnings surprise of 34.2%, on average. It has gained 17.6% in the past year. SWIR has a long-term earnings growth expectation of 12.5%.
Tech IPOs With Massive Profit Potential: Last years top IPOs surged as much as 299% within the first two months. With record amounts of cash flooding into IPOs and a record-setting stock market, this year could be even more lucrative.
See Zacks’ Hottest Tech IPOs Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Zacks Investment Research
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