$Qualcomm(QCOM)$ Qualcomm is now demonstrating the business maturity along with technical and intellectual property strengths it has invested decades and billions of dollars to develop. By broadening its influence in major new markets and future technology endeavors its clear the value of the company warrants a forward PE well beyond the current 15. Qualcomm is demonstrating strengths similar to companies which are being rewarded with forward PE's in the 20 to 35 range.

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