The following video is part of our "Motley Fool Conversations" series in which senior analyst Anand Chokkavelu, CFA, discusses topics across the investing world.

Qualcomm has been a major player in the mobile revolution with its chipsets and licensing agreements. As smartphones and tablets have taken off, Qualcomm has profited. It's one of the 30 largest U.S.-listed companies by market capitalization, but does it deserve to be a component in the Dow? Anand takes on the question.

Anand Chokkavelu, CFA, has no positions in the stocks mentioned above. The Motley Fool owns shares of Intel and Qualcomm. Motley Fool newsletter services recommend Intel. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.