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home / news releases / AVGOP - Qualcomm: Fear Has Struck Again

AVGOP - Qualcomm: Fear Has Struck Again

Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock Series A
  • Qualcomm stock has been battered recently as China's COVID headwind reared its head once again.
  • Investors are concerned about the impact on Qualcomm's smartphone revenue with its Chinese smartphone customers.
  • However, we believe these headwinds to be transitory and not structural.
  • As such, we maintain our Buy rating on QCOM stock.

For further details see:

Qualcomm: Fear Has Struck Again
Stock Information
Company Name: Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock Series A
Stock Symbol: AVGOP
Market: OTC
Website: broadcom.com
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