Qualcomm Breakout Gains Steam After New 52-Week High
2026-05-12 15:23:10 ET
The semiconductors are on a tear this year
I first wrote about Qualcomm Incorporated ( QCOM ) back in July of 2023 . It popped up on one of my favorite screeners, Joel Greenblatt's Magic Formula. The screener looks at stocks under a microscope that have a combination of high ROIC and a high earnings yield. It took a while, but holding onto it finally paid off:
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Qualcomm Breakout Gains Steam After New 52-Week HighNASDAQ: NXPI
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