For investors old and new, getting the most out of the stock market and investing with confidence is a common goal.
You may have a particular investing style that you believe in, and the Zacks Style Scores make it easier to find great stocks. These are complementary metrics that evaluate stocks based on their value, growth, and momentum characteristics.
Unlike value and growth investors, momentum investors believe in the saying “trend is your friend.” This investment style aims to take advantage of upward or downward trends in stock prices and earnings prospects. Using factors such as weekly price changes and month-to-month percentage changes in earnings estimates, the Momentum Style Score can indicate when is a good time to build a position in stocks with high momentum.
Qualcomm is a fabless semiconductor company headquartered in San Diego since 1985.
QCOM is a Zacks Rank #2 (Buy) stock with a Momentum Style Score of B and a VGM Score of A. The stock is up 4.1% over the past week and 1.9% over the past four weeks. QCOM has also increased by 9.4% over the past year. Looking at the trading volume, an average of 7,581,684 shares traded over the past 20 trading days.
A company’s performance is also important to momentum investors. For fiscal 2025, eight analysts have revised QCOM’s earnings estimates upward in the past 60 days, pushing the Zacks Consensus Estimate to $11.14 per share, an increase of $0.16 per share. QCOM also boasts an impressive average return of 7.6%.
With strong earnings growth, an excellent Zacks Rank, top-tier momentum and a VGM Style Score, investors should consider adding QCOM to their portfolios.
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Qualcomm Inc. (QCOM): Free stock price analysis report
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