Qualcomm’s disappointing predictions of China’s slow recovery will force our hand on the title


Cristiano Amon, CEO of Qualcomm Inc., in New York on Friday, September 23, 2022.

Victor J. Blue | Bloomberg | Getty Images

Semiconductor manufacturer Qualcomm (QCOM) released mixed second-quarter fiscal results after the closing bell on Wednesday. But a weaker-than-expected handset forecast, which sent the shares down more than 6% in after-hours trading, left us looking to move as quickly as possible from the small position the Club still holds in the stock.

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