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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: thinkclear who wrote (77363)	5/27/2008 3:22:43 PM
From: ggamer	Read Replies (2) \| Respond to of 197272

A Big Upgrade for Qualcomm By Dave Mock May 27, 2008 Comments (0) Every day, the sun rises on Wall Street, and a plethora of professional analysts rises to greet the dawn and to issue new opinions on stocks. Here at the Fool, we examine some of these picks -- and the track records of the firms behind them -- so you can make better investing decisions. In addition to following professional banks, anyone can use Motley Fool CAPS to monitor the collective opinions of more than 105,000 investors, many of whom demonstrate better investing insight than published analysts do. Enough top-performing CAPS investors have turned bullish on Qualcomm (Nasdaq: QCOM) recently to upgrade it from its long held three-star rank to a more formidable four stars. More than 1,100 investors have given their opinions on Qualcomm, with many of them offering analysis and commentary explaining the recent optimism. Qualcomm ushered in a bright and sunny spring by announcing that it had nabbed eight new licenses in the recent auction for prime U.S. spectrum for a cool $558 million. Qualcomm intends to use most of the licenses to expand its mobile TV service, called MediaFLO, across major markets in the U.S. With AT&T (NYSE: T) now joining Verizon (NYSE: VZ) in launching mobile TV services using Qualcomm's system, investors see good profit potential in this new service. Defying gloomy outlooks from other companies such as Texas Instruments (NYSE: TXN) and Motorola (NYSE: MOT), Qualcomm gave investors more reason to cheer when it reported solid fiscal second-quarter earnings in mid-April. Even better than the 6% earnings and 17% revenue growth was the increased guidance for the balance of the year. So despite efforts from heavyweights such as Nokia (NYSE: NOK) and Broadcom (Nasdaq: BRCM) to cap royalties that Qualcomm charges, the company continues to grow. And even with significant outstanding legal disputes dragging on Qualcomm, nearly 91% of the 1,111 investors now rating the company feel it will overcome the challenges to beat the S&P going forward. To see what the very best CAPS analysts are saying now about Qualcomm -- as well as other winning stocks they are picking -- head on over to CAPS and have a look. The community research and resources in CAPS are totally free, unlike analyst opinions reserved for paying clients. fool.com