Is Qualcomm Stock a Buy?

Will Healy, The Motley Fool
·4-min read
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.