Qualcomm Surges After Fiscal Cliff Deal. More Gains to Come?

2012 was a wonderful year for Qualcomm (NASDAQ: QCOM  ) . The numbers around the company speak for themselves. In fiscal 2012, Qualcomm accomplished the following:

  • It grew revenue by 32%,
  • gross profit was up 25%,
  • it held onto a majority of baseband revenue,
  • and it kept its dominant lead in mobile processors.

Not only that, but its hugely profitable licensing business grew by 17% amid surging smartphone sales. Qualcomm gets a lot of attention for being a key Apple supplier, but in reality the company is a major play on smartphone and tablet growth, regardless of shifting market share between competitors like Google and Apple.

In the video below, Fool technology analyst Eric Bleeker looks at a couple key storylines surrounding the company in 2013. Not only will Qualcomm have a chance to increase its presence in the booming tablet market, but it'll also have to defend a new generation of competitors battling in the smartphone chip space.

Qualcomm has led the smartphone revolution and provided big gains to shareholders across the past couple years. If you're a Qualcomm investor and looking for other revolutionary tech companies, look no further than Motley Fool co-founder David Gardner's 120% returns since launching Stock Advisor a decade ago. Those returns have beaten the market by more than 91%. David has managed to trounce the market by always being on the lookout for revolutionary stocks and recommending them before Wall Street catches on to their disruptive potential. If you're interested in how David discovers his winners, click here to get instant access to a personal tour of David's Supernova service.

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