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Qualcomm Stock Is Cheap Going Into Earnings. Tariffs May Not Be a Big Deal. - Barron's

1. Qualcomm's report is set for Wednesday, expecting $10.6 billion revenue. 2. Analyst Stacy Rasgon has a $185 target, citing Qualcomm's low valuation. 3. Qualcomm is trading at a 40% discount to semiconductor and S&P indices. 4. Recent tariffs may not significantly impact Qualcomm due to low U.S. market share. 5. Qualcomm stock is down 4% this year compared to a 15% ETF decline.

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Why Bullish?

Analyst upgrade and low valuation suggest potential upward movement for QCOM.

How important is it?

Analyst ratings alongside upcoming earnings are significant indicators for QCOM's price movement.

Why Short Term?

Earnings report and analyst sentiment can affect stock price immediately post-release.

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