Is Qualcomm (QCOM) Stock a Buy After the SpaceX Starlink 5G Deal?

TLDR Qualcomm (QCOM) rose 1.6% in morning trading to $179.30. The Nasdaq fell 0.6% and the S&P 500 lost 0.3% over the same stretch. Qualcomm’s multi-year SpaceX deal covers Starlink Mobile’s planned 5G network. Analyst price targets run from $150 to $205. Revenue fell 8.4% year over year in fiscal Q4. Qualcomm (QCOM) stock rose [...]

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