Mobile chip giant Qualcomm (NASDAQ:QCOM) has now received three bullish research notes from Street analysts. Qualcomm is set to capture more content in Samsung's Galaxy S4, with its chips in more variants. Last year, Qualcomm faced competition from NVIDIA's (NASDAQ:NVDA) Tegra, but this year, Qualcomm's Snapdragon 600 seems to be holding its own quite well in current Android devices. Later in the year, Apple (NASDAQ:AAPL) will give Qualcomm a baseband boost in the new iPhone.
In the video below, Fool contributor Evan Niu, CFA, explains why investors should be bullish on Qualcomm.
Fool contributor Evan Niu, CFA, owns shares of Apple and Qualcomm. The Motley Fool recommends Apple and NVIDIA. The Motley Fool owns shares of Apple and Qualcomm. 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.