TMCnet News
Time to Ride a QUALCOMM Straddle? (QCOM)(Benzinga Via Acquire Media NewsEdge) ualcomm Inc. (NASDAQ: QCOM) may be at a tipping point right now. And for a stock that has seen four big price gaps during 2010, the move could be a big one. The question is, will the stock gap higher or lower? Goldman Sachs -- citing influences like a higher mix of smartphones and tablets, the move from voice-to-data-centric devices in China and India and a weaker US dollar -- recently reiterated its Conviction Buy List rating for Qualcomm and raised its price target from $44 to $46. To read the rest, head over to <b>BloggingStocks</b>. |
