Marcial: Strong Signals for Qualcomm

The rally in the stock looks to continue with the rollout of new devices that use the company's wireless communications technology

Tech stocks haven't exactly been stellar performers of late, but shares of Qualcomm (QCOM) have been on fire in spite of the distempered, volatile stock market. Vaulting higher since mid-March, when it traded at around $38 a share, Qualcomm's stock had sprinted to $50 by June 19, before easing to $48 the next day. But don't think the party is over.

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