Qualcomm Inc. (QCOM)
5G's issues haven't just impacted the mobile phone carriers. Communications-focused semiconductor giant Qualcomm has seen its outlook dip over the past year. As telecom companies have dialed back 5G spending, that has had a negative read-through to Qualcomm. Additionally, smartphone sales have slowed a bit after the consumer electronics bo-m of 2021 and 2022. This has led to underwhelming share price performance with QCOM stock trading roughly flat over the past three years.
That said, value investors that can look past these headwinds will be rewarded. There is little doubt that that demand for mobile data, and thus Qualcomm's 5G solutions, will only climb over time. And Qualcomm has other irons in the fire, such as AI-enabled chips for mobile devices, which promise to unlock new growth avenues for the firm as well. Shares currently go for just 12 times forward earnings and offer a decent 2.5% dividend yield as well.
https://money.usnews.com/investing/articles/best-value-stocks-to-buy-now