US Nasdaq stock alert

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CLOSING UPDATE: Qualcomm increases losses by 0.3%, led Wireless equipment sector lower 18 June 2018 18:09 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's NASDAQ market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Qualcomm, NASDAQ's largest wireless equipment company by market capitalisation, has decreased 1.1% to trade at $US59.20 vs. the Wireless equipment sector which weakened 15.6 points (or 1.1%) to 1,470.6. Representing a weighting of about 85.8% of the sector, the stock accounted for 90.1% of today's loss. Trading volume was 64% of average at the end of the day. Compared with the NASDAQ-100 Index which fell 4.3 points (or 0.06%) in the day, this represented a relative price change of -1.0%.

Technical indicators complementing today's significant downtrend:

+ In the last three months the stock has hit a new 52-week low twice.

+ The price decreased 1.2% in the last week.

Note

Qualcomm today is at a discount of 13.7% to the 12-month high of $US68.56 on 24 Nov, 2017. It is at a premium of 23.2% to the 12-month low of $US48.06 on 26 Apr, 2018.

Bullish Signals:

The positive 1.69 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The company is cash rich with Cash to Market Capitalisation at 21.3%.

Interest cover is less leveraged at 24 times.

Total Liabilities/EBITDA of 2.4 is comfortably below the Joseph Piotroski benchmark of <5.

Tobin's Q Ratio is 1.7. Compared with the rest of the market the stock is undervalued.

Net profit margin has averaged 24.5% in the last 3 years. This is considered superior and suggests a high margin of safety.

The Brand Value represents 3.2% of the estimated Enterprise Value of $US93.4 billion.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

Dividend yield of 4.9% [4.3%]

Return on Capital Employed 15.8% [11.6%]

TODAY'S ALERT

Afternoon Alert: Qualcomm decreases 1.4%, leads Wireless equipment sector lower

18 June 2018 13:20 EDT

QUALCOMM, Inc. (NASDAQ:QCOM) has decreased 1.4% to trade at $US59.03 vs. the Wireless equipment sector which weakened 18.3 points (or 1.2%) to 1,468.0. Representing a weighting of about 85.7% of the sector, the stock accounted for 96.7% of today's loss. Trading volume was 80% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Qualcomm increases further 0.1%, led Wireless equipment sector higher

15 June 2018 18:11 EDT

Qualcomm, NASDAQ's largest wireless equipment company by market capitalisation, has increased 0.7% to trade at $US59.86 vs. the Wireless equipment sector which strengthened 9.4 points (or 0.6%) to 1,486.2. Representing a weighting of about 85.9% of the sector, the stock accounted for 90.3% of today's gain. Trading volume was 1.3 times average at the end of the day. Compared with the NASDAQ-100 Index which fell 25.9 points (or 0.4%) in the day, this represented a relative price increase of 1.0%.

Afternoon Alert: Qualcomm increases 0.6%, leads Wireless equipment sector higher

15 June 2018 13:20 EDT

QUALCOMM, Inc. (NASDAQ:QCOM) has increased 0.6% to trade at $US59.82 vs. the Wireless equipment sector which strengthened 7.1 points (or 0.5%) to 1,483.9. Representing a weighting of about 86.0% of the sector, the stock accounted for the gain. Trading volume was 1.7 times average so far today.

QUALCOMM, Inc. (O:QCOM)

ISIN: US7475251036

PermID: 4295907706

CIK: 804328

CUSIP: 747525103

Source: www.BuySellSignals.com