Qualcomm (QCOM - Get Report), a leader in the digital wireless telecommunications sector, gets a $59 price target, a 14% premium to current prices, from Goldman Sachs. The company owns more than 10,000 patents that make up the key components to wireless telecommunications that enable cell phone usage and connectivity and the growing use of smartphones. It is already is one of the world's largest chipmakers and a key supplier to wireless handset makers.
Goldman's 8 Best Tech Stocks for 2011
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.