Qualcomm Q3 FY9/24 Earnings Review
DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Cestrian Capital Research, Inc., its employees, agents or affiliates, including the author of this note, or related persons, may have a position in any stocks, security, or financial instrument referenced in this note. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice. Companies referenced in this note or their employees or affiliates may be customers of Cestrian Capital Research, Inc. Cestrian Capital Research, Inc. values both its independence and transparency and does not believe that this presents a material potential conflict of interest or impacts the content of its research or publications.
Numbers Good, Stock Inexpensive.
by Alex King, CEO, Cestrian Capital Research, Inc
Qualcomm turned in a very good quarter. Everything is moving in the right direction; the stock has sold off hard, and technicals look bullish to me.
Headline Financials
Let's now look at the detailed numbers, long- and short-term stock setups and price targets, plus potential stop-loss levels.