Are Qualcomm shares a potential opportunity?

Roger Montgomery

Montgomery Investment Management

Qualcomm owns the bulk of the patented technology that mobile devices require to access wireless networks. Every time a mobile phone or tablet is sold around the world Qualcomm is entitled to a royalty payment – it’s like owning the English language and charging anyone who learns to speak it! This licensing business represents 70 per cent of total earnings. We see Qualcomm as the scale player with the most advanced technology in a marketplace that will see 10 billion smartphones sold by 2020. With the current stock price reflecting a PE multiple of just 10x we think Qualcomm shares are a great opportunity. (VIEW LINK)


Roger Montgomery
Chief Investment Officer
Montgomery Investment Management

Roger Montgomery founded Montgomery Investment Management, www.montinvest.com in 2010. Roger brings more than two decades of investment, financial market experience and knowledge. Roger also authored the best-selling investment book, Value.able.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.