Should You Buy Qualcomm Stock after its Big Rally? — April 18, 2019

by Crista Huff

 

How Qualcomm Became the Sad Guy in a Country Song

“My truck broke down and my dog just died,

My wife ran away, with some other guy.”

-Just Another Country Song, by Ty Christian Wilson

 

Poor Qualcomm. Years of ongoing turmoil made Qualcomm (QCOM) the poster child for a feature role in The Book of Job or a country song lamenting the loss of all good things in life.

In 2017, Broadcom (AVGO) announced plans to acquire Qualcomm. Qualcomm stock quickly rose 30%, only to lose all those gains in early 2018 when the U.S. government failed to approve the merger. …

 

Follow the link to read the full article, originally posted at www.CabotWealth.com:

Happy investing!

 

Crista Huff

President

Goodfellow LLC

 

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