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

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 episode, and why they remain optimistic on their growth prospects in 2024. Join this channel to get access to perks: https://www.youtube.com/channel/UC3aD-gfmHV_MhMmcwyIu1wA/join If you missed our Semiconductor Industry Flow 2024 and chip industry manual, you can purchase it here:👉 https://ko-fi.com/s/90c74a988a. Get your investment journey off on the right foot to kick off the new year. Consider saying "thanks" here on YouTube with a Super Thanks or joining the channel membership for some custom badges and emojis!! Check us out on our website for more Qualcomm videos: https://chipstockinvestor.com/qualcomm/ We use data, charts, and KPI's from our friends at Main Street Data. If you would like to check it out and subscribe to a premium membership here is a link that will get you 10% off👇 https://mainstreetdata.com/subscription?via=chipstockinvestor Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal. #qualcomm #amazon #meta #semiconductors #chips #investing #stocks #finance #financeeducation #silicon #artificialintelligence #ai #financeeducation #chipstocks #finance #stocks #investing #investor #financeeducation #stockmarket #chipstockinvestor #fablesschipdesign #chipmanufacturing #semiconductormanufacturing #semiconductorstocks Nick and Kasey own shares of Qualcomm, Meta and Amazon