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VNE - Qualcomm's Next $5 Billion Move And What It Means For Investors
August, 10 2021 04:55 AM
Veoneer Inc.
Qualcomm is embarking on its next M&A adventure, attempting to acquire Swedish automotive company Veoneer. In short, Qualcomm is trying to become in the automotive market, what it has been for years in mobile phones: a market leader with superior solutions. The planned Veoneer takeover is just another smaller piece of the puzzle but underlines my extremely bullish investment thesis towards Qualcomm. For further details see:
Qualcomm's Next $5 Billion Move And What It Means For Investors
Stock Information
Company Name:
Veoneer Inc.
Stock Symbol:
VNE
Market:
NYSE
Website:
veoneer.com
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