In the realm of tech giants, one name stands out for its remarkable journey – Qualcomm. Just a few months ago, in May 2024, the company’s stock was on a tear, surging upward within a robust bull trend. The momentum was palpable, propelling the stock toward its historic peak of $230.63 on June 18th.
As I reflect on this remarkable ascent, I must disclose that I hold a long position in Qualcomm shares, either directly or through derivatives. This article represents my personal views, uninfluenced by any external compensation or business relationships. It’s essential to recognize that past successes do not guarantee future outcomes, and individual investors should carefully assess their suitability for any investment. The opinions expressed herein are solely my own and may not align with those of Seeking Alpha as a whole.
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