EXCLUSIVE OFFER: Jim Cramer’s Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he’s trading today with a 14-day FREE pass.Apple could indirectly impact the valuation for Qualcomm. Citi recently downgraded some of the Apple suppliers, but Qualcomm is well-positioned for the continued growth in smartphones. Demand may eventually reach saturation in North America, but so far there is no evidence that this is happening. Demand in China, Europe, and the developing nations will ensure upside for Qualcomm.
The outlook for Microsoft is neutral at best, at least in the short-term. After recently re-testing a low at around $26.55, investors will get a better idea on January 24 2013 on sales for Windows 8. Microsoft might also provide guidance on unit upgrades for the new operating system at that time. Investors should brace for disappointment.Interactive Chart: See changes in 1-year return over the past two years. Click through to access more free tools from Kapitall.
Written by KAPITALL’S Chris Lau .