Published on 31 May 2024 on Zacks via Yahoo Finance
Qualcomm (QCOM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Over the past month, shares of this chipmaker have returned +13.7%, compared to the Zacks S&P 500 composite's +4.1% change. During this period, the Zacks Wireless Equipment industry, which Qualcomm falls in, has gained 18.4%. The key question now is: What could be the stock's future direction?