QCOM Forecast + Trading Strategies


Bullish Case: Qualcomm's diversification into AI, IoT, and audio tech, coupled with strategic partnerships, poise it for growth, offsetting handset market challenges.


Bearish Case: Despite Qualcomm’s innovation, competition, legal uncertainties, and a relay in the handset market could hinder its financial performance.


Potential Outcomes:

1) Success in AI and audio tech increases market share (60%).

2) Intensified competition and legal challenges dampen outlook (40%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 17, 2024


Qualcomm Forecast

QCOM        Qualcomm
Price Forecast: NEUTRAL    Price Action: TRENDING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with QCOM



SMH Forecast + Options Trading Strategies   SMH  VanEck Vectors Semiconductor (0.97)


VGT Forecast + Options Trading Strategies   VGT  Vanguard Information Technology (0.96)


AIQ Forecast + Options Trading Strategies   AIQ  Global X Funds - Global X Artificial Intelligence & Technology (0.96)


SPLG Forecast + Options Trading Strategies   SPLG  SPDR Series Trust - SPDR Portfolio S&P 500 (0.95)


XLK Forecast + Options Trading Strategies   XLK  Technology Select Sector SPDR (0.95)



Uncorrelated Stock Forecasts

Assets with little price relationship to QCOM



EH Forecast + Options Trading Strategies   EH  EHang Holdings Ltd - (0.0)


UAL Forecast + Options Trading Strategies   UAL  United Airlines (-0.0)


PAAS Forecast + Options Trading Strategies   PAAS  Pan American Silver (0.0)


CDLX Forecast + Options Trading Strategies   CDLX  Cardlytics (-0.01)


GT Forecast + Options Trading Strategies   GT  Goodyear Tire & Rubber (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against QCOM



TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.89)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.92)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.92)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.95)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.95)





Become a more profitable investor with AI optimized trading strategies






×

Chat with QCOM


 Ask any question about QCOM!