Qualcomm Stock Has Surged. J.P. Morgan Says It’s a Top Pick for 2022.

Qualcomm banal is getting a boost Monday from J.P. Morgan expert Samik Chatterjee, who Monday greeting added the banal to his firm’s “analyst absorption list,” asserting that net successful 2022 should payment from a operation of easing supply-chain pressures and merchandise diversification.

Chatterjee’s telephone connected Qualcomm (ticker: QCOM) was portion of a wide shuffling of his stance connected networking and hardware stocks. Overall, the expert suggests investors displacement their absorption to networking and distant from hardware stocks, but determination are some...