Earnings season continues today, what companies will you be watching for the rest of the week?
I'll be watching the results of $PYPL+0.3% $QCOM+0.7% after the market closes today.
Unlike other chipmakers, $QCOM+0.7% is not riding the AI wave and for the full year the stock is only up 1.6%. With the expanding 5G network, demand for their chips is growing, so I'm interested in their results.
Despite good results last quarter, $PYPL+0.3% is on a downtrend and the stock is under a lot of pressure since the beginning of the year with the share price down as much as 31%.
What is your view on these two companies?
I've been watching that $QCOM+0.7% lately too. It may not be riding the AI wave but as you write, it makes chips that other companies need and that may be its plus. So we'll see. I don't have it in my portfolio though. Otherwise what I'm holding is $PYPL+0.3% and although it's having a tough time I'm hoping for some hint of a better tomorrow. 👍
$PYPL+0.3% 🤞