The Returns On Capital At QUALCOMM (NASDAQ:QCOM) Don't Inspire Confidence

The Returns On Capital At QUALCOMM (NASDAQ:QCOM) Don't Inspire Confidence

Identifying a potential multi-bagger involves looking for companies with a growing Return on Capital Employed (ROCE) and increasing capital base. QUALCOMM has a high ROCE of 23%, but declining returns raise concerns for future growth. Despite past success, future performance may be uncertain.

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