Small-Cap Stock Watch: RF Micro Devices (RFMD) by TechStockProspector


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									Robert DeFrancesco’s
April 12, 2013

Small-Cap Stock Watch: RF Micro Devices (RFMD)
NOW AVAILABLE: The April 2013 issue of Tech-Stock Prospector for your
Amazon Kindle or Kindle for iPad/iPhone reading app.

Here are some of the topics covered in the April 2013 issue of TSP:

*Oracle in recovery after a tough quarter
*Yelp disrupts local search
*TripAdvisor expands its global presence
*Deal delays trip up F5 Networks
*Is Citrix Systems getting more competitive?
*How Aruba Networks steers wireless traffic
*Tableau Software is ready for the IPO spotlight
*Big Data: EMC and VMware launch Pivotal
*An activist investor tries to shake things up at Harmonic
*Why Palo Alto Networks is the rising star in security
*Juniper Networks attempts to rebound after a tough year
*Marin Software optimizes digital advertising from the cloud
*Electronic Arts seeks a new CEO to help reignite growth
*Fortinet battles for market share in networking security
*Deal Report: Model N finds growth in a software niche

Order the April 2013 issue of TSP here:


At the start of this month, Canaccord Genuity upgraded RF Micro Devices (RFMD,
$5.30) to ‘Buy’ with a price target of $7, saying the mobile chipmaker is gaining
market share on the two major LTE smartphone platforms (Apple & Samsung) and
seeing improved demand across emerging markets (particularly in China).

Oppenheimer at the end of March upgraded RF Micro to ‘Outperform’ with a price
target of $7 because it also thinks the company should sustain/gain content in high-
profile product refreshes at key customers Apple and Samsung throughout this year.
RF Micro is a volatile small-cap stock that is subject to sharp price swings; the
market cap is $1.4 billion. The shares, up 53% from the 52-week low of $3.45, hit a
new 52-week high of $5.50 on April 1.

Analysts on average look for a big ramp in earnings in the new fiscal year (ending
March), with the consensus EPS estimate for FY’14 at 35 cents, vs. 16 cents for the
fiscal year just ended.


Read the latest issue of Tech-Stock Prospector on your Amazon Kindle or Kindle for
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Tech-Stock Prospector Managing Editor Rob DeFrancesco has more than 20
years of experience covering the tech sector. He is a former senior writer with
Louis Rukeyser’s Wall Street., launched in 2003, is an investment-research service
focused primarily on the networking, storage, security, wireless and software
sectors. Annual subscription: $350.

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