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Fri, January 24, 2025
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Why QUALCOMM Incorporated (QCOM) Is One of the Best Socially Responsible Stocks to Buy According to Hedge Funds?


Published on 2025-01-24 07:41:20 - MSN
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  • We recently compiled a list of the 8 Best Socially Responsible Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where QUALCOMM Incorporated (NASDAQ:QCOM) stands against other best socially responsible stocks to buy according to hedge funds.

The article from MSN discusses why Qualcomm Incorporated (QCOM) is considered one of the best socially responsible stocks to invest in, according to hedge funds. Qualcomm has been recognized for its commitment to environmental, social, and governance (ESG) criteria. The company has made significant strides in reducing its carbon footprint, with goals to achieve net-zero emissions by 2040. Additionally, Qualcomm focuses on social responsibility through initiatives like STEM education, diversity and inclusion programs, and ethical business practices. Hedge funds are increasingly incorporating ESG factors into their investment decisions, and Qualcomm's efforts in these areas, combined with its strong financial performance, make it an attractive option. The article highlights Qualcomm's advancements in 5G technology, which not only drives innovation but also supports broader societal benefits like improved connectivity in underserved areas. This combination of technological leadership and social responsibility aligns with the growing trend among investors to support companies that contribute positively to society while also offering potential for financial returns.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/technology/tech-companies/why-qualcomm-incorporated-qcom-is-one-of-the-best-socially-responsible-stocks-to-buy-according-to-hedge-funds/ar-AA1xL5JT ]