Intel is set to report earnings on Tuesday after the bell. But before the chip giant unveils its results, Sterne Agee chief market technician Carter Worth advises getting out of the blazing hot semiconductor stocks.
"If you've got good profits in this, take some off," Worth advised on Friday's "Options Action."
Semiconductors are one of the best-performing S&P 500 industries in 2014, rising 20 percent this year. And Worth says the outperformance simply can't last.