GO
Loading...

RF Micro Has 'Room to Run'

The mobile Internet tsunami has changed the way investors buy and sell tech stocks, Cramer said Thursday In the past, this sector traded by the season. But now the smartphone revolution, in addition to a number of reported earnings beats, the sector is gaining its own independent momentum.

  • Mad Money's Most Memorable Moments

Case in point: RF Micro Devices , which on Monday guided up by preannouncing stronger-than-anticipated numbers for the current quarter. The smartphone component maker now expects sales of $240 million to $245 million, a 41 percent increase from last year.

RFMD is up 34 percent since Cramer's June 18, 2009, recommendation, but it's been flat so far this year. Cramer thinks that should change, thanks to the pre-announcement, as well as the overall strength in RF Micro's business and and an increase in customer demand.

But is the Mad Money host right? He invited CEO Bob Briggenworth back to the show to find out. Watch the video for the full interview.










Cramer’s charitable trust owns Qualcomm.

Call Cramer: 1-800-743-CNBC

Questions for Cramer?madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website?madcap@cnbc.com

Symbol
Price
 
Change
%Change
RFMD
---
NOK
---
QCOM
---
TQNT
---

Contact Mad Money

  • Showtimes

    U.S.
    Monday - Friday 6p ET
    Australia
    Saturday 8a, 1p, 7p SYD
    Sunday 12a, 1a, 8a, 7p SYD
    New Zealand
    Saturday 10a, 3p, 9p NZ
    Sunday 2a, 3a, 10a, 9p NZ
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.