
Few companies have been as critical to mobile communications as Qualcomm (QCOM). The tech giant's chips and technology power devices made by everyone from Apple (AAPL) to ZTE (ZTCOY). At the same time, Qualcomm rakes in billions of dollars of revenue in royalties from licensing its patents.
Based on its ubiquity and illustrious history of technological innovation, you might think QCOM has been a great buy-and-hold bet.