Qualcomm Inc. (NASDAQ:QCOM) has had a successful post-pandemic period, with the share price taking off and optimism in the business greater than at any point in the last decade. Management’s compensation has been tied to shareholder interests, investments in innovation have continued at a high level, and the company’s profitability leads its peers. The company has outperformed the broad market and the MSCI World Semiconductors and Semiconductor Equipment Index has delivered 16.22% net returns per year over the last five years. Qualcomm Inc. is an excellent long-term investment.
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