News Focus
News Focus
Followers 0
Posts 148553
Boards Moderated 7
Alias Born 03/10/2004

Re: None

Thursday, 12/09/2021 4:09:29 PM

Thursday, December 09, 2021 4:09:29 PM

Post# of 24769
Best Cheap Stocks to Buy Now December 2021
By: Lucas Downey | December 9, 2021

• Not all quality stocks are expensive. The top cheap stocks have 3 traits: strong fundamentals, great technicals, and a history of big money activity in the shares.

Oftentimes, big money buying is institutional activity. We’ll go over what that looks like in a bit. But, the 5 stocks we see as undervalued candidates are SIMO, AKAM, AMAT, QCOM, & ADI.

At my research firm MAPsignals, we believe that big money trading can alert you to the forward fundamental picture of a stock. We want the odds on our side when looking for the highest quality stocks.

Number four on the list is wireless chipmaker Qualcomm Holdings, Inc. (QCOM).

Here are the technicals jumping out at me:

• 1-month performance (+10.1%)
• Historical big money signals

Below are the big money signals for QCOM since 2005. While there isn’t much recent activity, it’s a big money favorite over time:


Source: www.MAPsignals.com

Let’s look under the hood. QCOM has been growing earnings nicely:

• Forward P/E = 16.9
• 3-year earnings growth rate (+50.5%)

* * *

The Bottom Line

SIMO, AKAM, AMAT, QCOM, & ADI represent top cheap stocks for December 2021. Strong fundamentals and big money buy signals make these stocks worthy of extra attention.

Read Full Story »»»

DiscoverGold

Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent QCOM News