In the mobile tech world, hitching your wagon to Apple (AAPL) can work for you and against you. As the recent selloff makes clear, chip maker Qualcomm (QCOM) has seen its fortunes — and stock price — inextricably linked to the iPhone juggernaut. And that hasn’t worked out too well in recent days. However, as one of the top two chipmakers on the planet, QCOM is more than just an Apple vendor. And while it will be affected by China’s sluggish economy, if you look a little deeper you will see that there is plenty of long-term growth in QCOM stock.
Another compelling feature of QCOM here is its 3.5% yield. That’s about double the U.S. inflation rate at this point. It means you can buy into one of the top tech growth companies in the world and while you wait for growth to take the stock back to its former glory and beyond, you can receive a rock-solid inflation-beating dividend for your patience. Year-to-date, QCOM is off 27%, and about half of that drop occurred in the past week. But savvy investors make their money by knowing the difference between a stock that still has more downside and one that is a great value at current levels. Given the company’s incredibly strong intellectual property reserve, the organic growth that is latent in the most populous nations on the planet and its impressive dividend, you would be hard-pressed to find a better value in the tech sector at the moment.
Source: InvestorPlace
Related Articles:
- 5 Stocks With Strong Dividend Growth Metrics
- Are Defense Stocks Good Defensive Stocks?
- International Securities For A Diversified Income Portfolio
- 5 Dividend Stocks That Gave Me A 20%+ Annualized Return
- 6 Rainy Day Dividend Stocks
Qualcomm a Long-Term Dividend Bargain at Current Levels (QCOM)
Posted by D4L | Monday, September 14, 2015 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
If you are looking for high-yield dividend stocks that can beat the market, you might want to check out these three companies. They all have...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contribut...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.