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Is Qualcomm Stock a Buy?

Is Qualcomm Stock a Buy?

Qualcomm (NASDAQ: QCOM) stock has corrected significantly, falling by about 20% over the previous month. This possibility alone gives investors good reason to treat the post-earnings sell-off in this chip stock as a buying opportunity. For now, most smartphone manufacturers depend on Qualcomm's chipsets, technology that Qualcomm licenses to other manufacturers.