Qualcomm Incorporated (NASDAQ: QCOM) is included among the Best retirement actions for a dividend stock portfolio.
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Qualcomm Incorporated (NASDAQ: QCOM) develops products that feed wireless connectivity, IT and artificial intelligence (AI). Its technologies are widely used in cellular and networking infrastructure, cars, smartphones, intelligent audio devices and other connected applications.
Qualcomm Incorporated (NASDAQ: QCOM) is currently negotiated at a term P / E ratio of 13.79, which is relatively inexpensive compared to the average of the technological sector of 29.8. This discount reflects the company’s high dependence on the smartphones market, which is no longer developing at the rate it has done. Adding to the challenge, the main customers like Apple and Samsung are increasingly designing their own chips, making them customers and competitors.
That said, Qualcomm Incorporated (NASDAQ: QCOM) has always drawn the attention of income investors because of its stable dividends history. The company has increased its dividends for 21 consecutive years, which makes QCOM one of the best actions for a portfolio of dividend stocks. He currently pays a quarterly dividend of $ 0.89 per share and has a dividend yield of 2.13%, on September 21.
Although we recognize QCOM’s potential as an investment, we believe that certain AI actions offer greater upward potential and have a less unknown risk. If you are looking for an extremely undervalued AI stock that should also benefit considerably from the Trump era tariffs and the excessive trend, see our free report on the Best short -term AI stock.
Read then: 10 Best Dividends S&P 500 actions to invest and 10 driest dividend actions to buy now
Disclosure: None.
