MDTKF

Dividend Growth Idea Qualcomm Beats Estimates; Near Term Guidance Incredibly Bright

by

Image Shown: Dividend growth idea Qualcomm Inc has a stellar cash flow profile. Image Source: Qualcomm Inc – 10-Q SEC filing covering the Second Quarter of Fiscal 2022 By Callum Turcan On April 27, Qualcomm Inc (QCOM) reported second quarter earnings for fiscal 2022 (period ended March 27, 2022) that beat both consensus top- and bottom-line estimates. The company is a leader in the technologies relating to 5G wireless, Internet of Things (‘IoT’) trend, semi-autonomous and autonomous driving, and handset operations. We include Qualcomm as an idea in the Dividend Growth Newsletter portfolio as we view its dividend strength and payout growth outlook quite favorably. Shares of QCOM yield ~2.3% as of this writing. The firm’s latest earnings update and … Read more

Dividend Growth Idea Qualcomm Enters Bidding War to Bolster Automotive Growth Runway

by

Image Source: Qualcomm Inc – March 2021 Annual Meeting of Stockholders Presentation By Callum Turcan One of our favorite semiconductor plays is Qualcomm Inc (QCOM). For those just getting familiar with the name, the company is about much more than just supplying components used in smartphones. While the rollout of 5G-capable smartphones will provide Qualcomm’s medium-term financial performance a large boost due to its Snapdragon mobile platform offerings, another key aspect of Qualcomm’s promising growth story is its exposure to the automotive industry. Background Information Historically, Qualcomm has focused on supplying components to the automotive industry in the realm of infotainment (such as enabling radio, TV, mapping, and navigation services), telematics (combining automotive technologies with telecommunications and other technologies), and … Read more

Dividend Growth Idea Qualcomm Proactively Managing Fallout from Global Chip Shortage

by

Image Shown: Qualcomm Inc, one of our favorite semiconductor firms, noted in March 2021 that the rollout of 5G wireless networks is accelerating which in turn supports its outlook. We include shares of QCOM as an idea in our Dividend Growth Newsletter portfolio. Image Source: Qualcomm Inc – 2021 Annual Meeting of Stockholders IR Presentation By Callum Turcan One of our favorite ways to gain exposure to the semiconductor industry is Qualcomm Inc (QCOM), and we include shares of QCOM as an idea in the Dividend Growth Newsletter portfolio. Qualcomm’s IP portfolio and the “chips” that it designs play an essential role in enabling 5G connectivity in smartphones, powering the digital capabilities of modern automobiles, and supporting wireless network operations … Read more

Nvidia Growing at a Brisk Pace Amid Chip Shortage

by

Image Source: Nvidia Corporation – GTC Spring 2021 Investor Day Presentation By Callum Turcan On May 26, Nvidia Corporation (NVDA) reported first quarter earnings for fiscal 2022 (period ended May 2, 2021) that beat both consensus top- and bottom-line estimates. Demand for Nvidia’s chips used in data center and gaming offerings remains robust. Looking ahead, Nvidia provided guidance for the fiscal second quarter during its latest earnings update that indicated its strong performance was expected to continue. Earnings Update Revenue from Nvidia’s ‘Gaming’ business operating segment was up 106% year-over-year and 11% sequentially last fiscal quarter as demand for laptops and desktops remained strong. The work-from-home trend became a big part of the weekly routine for many households in the … Read more

Qualcomm’s Growth Trajectory Is Impressive and Supported by Numerous Secular Trends

by

Image Source: Qualcomm Inc – 2019 Analyst Day Presentation By Callum Turcan There is a lot to like about Qualcomm Inc (QCOM), especially after the company reached a truce with Apple Inc (AAPL) in 2019 and resolved a dispute with China’s Huawei in 2020. Both agreements involved Qualcomm signing long-term licensing deals with those companies. The firm has a dominant position in cellular 5G modem and radio frequency (‘RF’) technology, and we don’t expect this lucrative industry position to change anytime soon. Qualcomm is a holding in Valuentum’s Dividend Growth Newsletter portfolio thanks to its strong competitive advantages, healthy balance sheet, asset-light operations, considerable free cash flow generating capacity, and of course, its long-term dividend growth potential. Qualcomm’s shares yield ~1.8% at … Read more