Episode 86: Big Tech Stock Profits Soaring – Why Amazon, Meta, and Qualcomm Stocks Are Top Buy-and-Holds In 2024

Chip Stock Investor Podcast · Feb 2, 2024 · 25m

It was a busy week, and big tech certainly delivered the tune Wall Street was hoping to hear. Growth is back, and with it, massive increases to profitability. Amazon and Meta were showing off in grand style, and Meta announced its first-ever dividend. Meanwhile, Qualcomm’s revenue recovery is still taking hold, but earnings are ratcheting higher anyways. The automotive segment in particular bucked the industry trend as automakers can’t seem to get enough of Qualcomm’s chips powering new vehicle technology trends. Chip Stock Investors Nick and Kasey discuss these three companies in todays…