Svs: "Sounds to me that she was giving RFMD as a trading tip, and not a long term hold."
Doesn't matter (to me). I trade AND invest. <VBG> What does matter is it's clear she was recommending RFMD, from her professional vantagepoint, at current pps. So be you a trader, or a longer term investor (who may exercise discretion by lightening up at her upside target area), it doesn't matter do it? What DOES matter is the accuracy of her call, and this can only be determined (as always) by time.
Now let's see what the insuing week gives everyone.
Ta: One other thing. From a long perspective right now I like ESLR and (especially) SOLF. Especially SOLF. They're a China play on solar who's recently up'ed guidance and appear to be growing gang-busters. Yet the pps is relatively cheap by comparison to others in the sector. Check 'em out.
By the by....CNBC's Fast Money crowd likes them, too.
TA: MU? I like poor 'ol MU down here at its lower end pps. It has been beaten down waaay too far (imho). HP deciding to go with them over OVTI kind'a solidified it for me, though I've been using this recent period being down in the low end of $8 to high $7's to rebuild a longer term position. All the TA, on a 6 month chart, is signaling oversold and time to buy.
Approaching wildly overbought (I'd wait for confirm by the stoch's rolling over). They bear close watching at this juncture for a short setup. They, and the solar-cell sector, are all overbought due to the current mania for any/all things related to alternatvie energy. So, over the interium period a short setup is the best play. However, I kind'a view the alternative energy sector, as represented by such as STP, ESLR, BLD, ENER, AMCC, MXWL, VLNC and a slew of others, as being a VERY interesting sector; especially if you have a 10 year tine horizon. The alternative energy sector is very much at a stage defined by such tech as Dell, Microsoft, Intel and others circa 1990. That is...on the cusp of explosive growth (and I don't just mean from a pps viewpoint). Hell...environmental, and other factors, are forcing a lot of issues that have long simmered on the back burner. Also, alternatives have captured the public and, now beginning to, political, imagination. The sector has nowhere to go but up. Disclosure, I've a basket of those mentioned above.