Qualcomm Inc (QCOM)

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Zacks Buy List Highlights:
Ceradyne, Mandalay Resort Group, American Eagle Outfitters, and Qualcomm
Tuesday March 9, 6:00 am ET

Excerpt from above:
Qualcomm, Inc. (NASDAQ:QCOM - News) develops and delivers innovative digital wireless communications products and services. In late February, Qualcomm stated that record demand for its chipsets and strong growth in virtually all CDMA markets are driving solid financial results in fiscal 2004. Based on the current business outlook, the company forecasted fiscal second quarter earnings per share, excluding the QSI segment, of between 48 cents and 50 cents. That range would mark an increase of +26% to +32% from last year, and was well ahead of the consensus. It also anticipates revenues for the quarter, excluding the QSI segment, to improved about +16% to +18% year-over-year. The news rested well with analysts as earnings estimates for the year ending September 2004 are now up approximately 11 cents, or +7%, from one month ago. Given its popular products and encouraging outlook for the future, Qualcomm may be a good addition to your investment universe.

http://biz.yahoo.com/bw/040309/95159_1.html