Better Buy: Skyworks Solutions vs. Qualcomm
Skyworks Solutions (NASDAQ: SWKS) and Qualcomm (NASDAQ: QCOM) both provide crucial chips for connected devices. Skyworks produces power amplifiers, front-end modules, and radio frequency chips for mobile devices and wireless infrastructure equipment. Qualcomm is the world's top manufacturer of mobile baseband modems and SoCs (system on chips), and owns a massive portfolio of wireless patents.
Skyworks and Qualcomm were both rocked by COVID-19 headwinds earlier this year as the pandemic disrupted supply chains and orders. However, both stocks have since rebounded from their March lows, and they could continue rising higher on fresh tailwinds later this year. Let's see which chip stock is the better overall investment.
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Source Fool.com
