Report
Brian Colello, CPA
EUR 101.80 For Business Accounts Only

Qualcomm-Broadcom Merger Appears Dead; Maintain FVEs for Broadcom and Best Idea Qualcomm

We will maintain our $75 fair value estimate for Best Idea, narrow-moat Qualcomm, as well as our $255 fair value estimate for narrow-moat Broadcom, as a U.S. Presidential Order by Donald Trump’s administration appears to have effectively blocked Broadcom’s attempt to acquire Qualcomm, citing national security concerns. The order also rejected Broadcom’s slate of independent directors to be nominated at Qualcomm’s annual shareholder meeting, while also ordering Qualcomm to move up the date of the...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brian Colello, CPA

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