Today I'm reviewing another large-cap semiconductor firm.

This one's name is QUALCOMM, Incorporated It's trading ticker symbol is QCOM. 

Qualcomm Inc develops and licenses wireless technology. It also engages in designing chips for mobile phones. The company is also the world's largest wireless chip vendor, supplying many premier handset makers with leading-edge processors.

The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI).

The company also provides products and services for mobile health; small cells; services and related products to the United States government agencies and their contractors; and software products. In addition, it licenses chipset technology and products and services for use in data centers. 

QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

I use three key data points to gauge the value of any dividend equity or fund like QUALCOMM, Incorporated: 

(1) Price

(2) Dividends

(3) Returns

After those three, four more keys are used to finally unlock an equity or fund in which to invest.

However, those first three primary keys, best tell whether a company has made, is making, and will make money. 

QCOM Price

QUALCOMM's price per share was $59.32 at yesterday's market close. A year ago its price was $52.49 for a gain of $6.83 per share.  

Assuming QUALCOMM's price will trade in the range of $50 to $70 again next year, its price could grow by that same $6.83 again from its current $59.32 to $66.15 by July 2019. 

QCOM Dividends

QUALCOMM's most recent quarterly dividend is $0.62 payable September 26. 

Based on this latest quarterly amount, the annual take of $2.48 yields 4.2% at yesterday's $59.32 share price. 

Gains For QCOM?

Adding the $2.48 annual dividend to the $6.83 potential year over year price gain makes a $9.31 projected gross annual per share gain, which will be reduced by costs to trade these shares.  

A little over $1,000.00 invested today at the $59.32 recent price buys 17 shares. 

A $10 broker fee paid half at purchase and half at sale costs about $0.59 per share

Subtracting that $0.59 brokerage cost from the estimated $9.31 gross gain leaves a net gain of $8.72 X 17 shares 

= $148.24

or a 14.75% net gain on a $1,008.44 investment.

Therefore,  QUALCOMM, Incorporated (whose ticker symbol is QCOM), now shows a possible 14.75% net gain including a 4.2% dividend yield. 

Twenty-five analysts cover this stock:

Seven say "buy" QCOM.

Five says QCOM will "outperform" its peers.

Eleven say "hold" QCOM.

Two say  "sell" QCOM.

Their twenty-five analyst consensus recommendation adds up to  2.4 or "outperform" and their median price target nearly $3 lower than my $66.15 year over year estimate

Y Charts rates QCOM "neutral' for an overall "Y" rating; "average" for a Value score and "strong" for a Fundamental mark and gives a  Historic Valuation score for QCOM of "5.59% over-valued" per a Y Charts based $56.18 price calculation.

You could look at all those numbers this way, QUALCOMM, Incorporated has made money, is making money, and could net a 14.75% net gain including a 4.2% annual dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. Actual results remain to be seen. Results could turn out to be far higher or lower. More study is required for you to determine if QUALCOMM, Incorporated is worth your time and money.