Mad Money with Jim Cramer - MAD CAP RECAP - The Official Mad Money Blog
RSS FEED
FEATURED SLIDESHOW
Who Is The Worst CEO?Mad Money needed new inductees for its
Wall of Shame, so we asked viewers for
nominations.
RECENT POSTS
- 4 Enemies of Bull Markets
- Experiencing Technical Difficulty?
- The Importance of Good Breadth
- How Big Money Rules the Markets
- Follow the Leader
- Mad Mail: Chesapeake Energy Is Hiring?
- Lightning Round: Royal Dutch Shell, Bank of America, RF Micro Devices and More
- Lightning Round OT: Harley-Davidson, Heartland Payment and More
- Cramer’s Christmas List
- Cramer: This Stock Offers ‘Plenty of Upside’
MAD MONEY FEATURES
PODCASTSWatch the Lightning Round whenever and wherever you want.
OFFICIAL MAD MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
CRAMERS SOUNDBOARDAdmit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.
CHECK OUT OUR PHOTOSCheck out Cramer on set, back to school, behind the scenes and more.
SHOP FOR MAD MERCHANDISEBuy Cramer books, bobbleheads and other Mad Money merchandise.
RING TONESPick up the phone! It's Cramer! New Mad Money sounds for your cell phone.
TEXT MESSAGE ALERTMad Money's mobile. Get show highlights sent to your phone.
Text Size 
Web Editor, Mad Money
TriQuint Semiconductor took a big hit on Thursday after missing the Street’s revenue estimates and offering reduced guidance. The company also warned that a Korean handset maker, thought to be Samsung, would slow production. As a result, the stock dropped to $5.84 from Wednesday’s close of $8.10 on the news, a 28% decline.
But Cramer doesn’t think the move was justified. TriQuint [TQNT
Loading...
()
] largely was dragged down by its exposure to regular mobile phones, rather than smartphones, and Korean company’s cutbacks seem to be an isolated incident. While the Mad Money host did admit that he should have told investors to take profits much earlier in TQNT – he first recommended it on June 12 – he said the stock is attractive at this level, calling the sell-off “an opportunity to buy.”
 |
On a related note, Skyworks Solutions [SWKS
Loading...
()
] and RF Micro Devices [RFMD
Loading...
()
], both members of Mad Money’s Mobile Internet Index, also fell today, as a result of TriQuint’s quarter. It’s true that Skyworks and RF Micro do a lot of business with Samsung, Cramer said, but now the potential bad news is priced into their stocks. The mobile Internet is a “massive, multiyear theme,” so investors should use the 4% and 5% dips, respectively, to buy SWKS and RFMD at a discount.
“The worst that happens is [they] go down further,” Cramer said, “and you get to buy some more and lower and better prices.”
Call Cramer: 1-800-743-CNBC
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Data is a real-time snapshot *Data is delayed at least 15 minutes