This Is What Whales Are Betting On Qualcomm
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Qualcomm (NASDAQ:QCOM), with significant options activity detected. The majority of the trades are calls, indicating a positive outlook. The price target for QCOM is between $110.0 and $220.0, and the stock is currently trading at $172.94, up by 3.46%.
August 15, 2024 | 2:17 pm
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Deep-pocketed investors are showing a bullish sentiment towards Qualcomm (NASDAQ:QCOM), with significant options activity detected. The majority of the trades are calls, indicating a positive outlook. The price target for QCOM is between $110.0 and $220.0, and the stock is currently trading at $172.94, up by 3.46%.
The significant options activity, with a majority of calls, indicates a bullish sentiment among deep-pocketed investors. This suggests a positive short-term impact on QCOM's stock price. The current trading price increase of 3.46% further supports this outlook.
CONFIDENCE 85
IMPORTANCE 90
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