Tech giant Qualcomm Inc. (NASDAQ: QCOM) has once again been testing the patience of even its most loyal investors. Despite consistently beating earnings expectations, operating in one of the market's hottest sectors, and trading against the backdrop of record-high equity indices, the stock still can’t break free.
It’s now down 3% for the year, while the S&P 500 has gained more than 8% and market-leader NVIDIA Corp. (NASDAQ: NVDA) is up a blistering 35%.
