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home / news releases / SOXX - Qualcomm Earnings: Double Beat Calmed Overblown Fears

SOXX - Qualcomm Earnings: Double Beat Calmed Overblown Fears

iShares PHLX SOX Semiconductor Sector Index Fund
  • Qualcomm restored semiconductor investors' confidence with an impressive double beat on its FQ2'22 earnings card. It also issued robust guidance.
  • The company's diversification strategy is progressing well. In addition, its durable growth profile assuaged investors' concerns over potentially slowing growth.
  • We discuss why QCOM stock still looks attractive despite its post-earnings surge.
  • We reiterate our Buy rating on QCOM stock.

For further details see:

Qualcomm Earnings: Double Beat Calmed Overblown Fears
Stock Information
Company Name: iShares PHLX SOX Semiconductor Sector Index Fund
Stock Symbol: SOXX
Market: NASDAQ
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