At this moment, Qualcomm, our company’s number 3 largest holding, is up 12.37% in price as of 10:18 AM. Qualcomm’s shares are trading higher after the company recorded better fourth-quarter shares and sales results while issuing excellent first-quarter guidance.
Qualcomm reported a Quarterly earning of $2.55 per share and beat the analyst consensus estimate by 13%. This equates to an improvement in earnings of 76% year after year.
Much more to come for Qualcomm!
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