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Technology Stocks : The New QUALCOMM - Coming Into Buy Range
QCOM 157.97-0.7%10:43 AM EDT

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To: Lance Bredvold who wrote (9115)12/5/2024 10:31:45 AM
From: waitwatchwander1 Recommendation

Recommended By
Lance Bredvold

   of 9123
 
We certainly do need more E. I'm not as sure about your adjusted earnings comments though.

What's missing on the later is fair evaluation of employee non-cash compensation. With more attention paid to weeding out the chaff this area has improved. However, there are limits to these activities.

The biggest problem I see with PE is it appears to be more reflective of overall market considerations than progress within any particular area of business. Stock prices move on news of this later nature.

PE is a mushed together measure which comes into play after news is well disbursed. Analyst measures do have their place but tend to follow along after business has been rejigged.

Are we there yet?
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