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QCMD
Benzinga
3 days

Direxion's QCMU And QCMD ETFs Facilitate Countervailing Trades On Tech's Unusual Sleeper

1. Qualcomm's stock has gained just over 6% this year. 2. Peers like Nvidia and Broadcom gained 34% and 52%, respectively. 3. QCMD ETF has lost over 2% since its debut. 4. Potential for QCMD could improve as interest in bear trades grows. 5. Qualcomm's Snapdragon processors claim 75% higher performance than competitors.

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FAQ

Why Bearish?

Qualcomm's underperformance relative to peers indicates potential long-term struggle, impacting QCMD's outlook.

How important is it?

The article highlights Qualcomm's challenges and relative performance, influencing QCMD's valuation dynamics.

Why Short Term?

With current trends, QCMD may see fluctuations due to investor sentiment and market timing.

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