When it comes to investing for the long term, it is important to not sweat the day-to-day swings in the market and instead remain focused on high-quality stocks trading at great valuations. One of those stocks, which has not yet partaken in the AI craze, has been Qualcomm (QCOM 1.45%).

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*Stock prices used were end-of-day prices of May 30, 2023. The video was published on May 31, 2023.