RF Micro Devices (NASDAQ: RFMD ) , a leading provider of cellular frequency solutions, blew past its own guidance when it reported its fiscal second-quarter earnings. The first quarter marked a vast improvement in the company's financial performance, with both gross and operating margins improving dramatically, and that trend has continued during the second quarter. The rapid rise in demand for mobile data is fueling RF Micro's business, and the second quarter was the best on record in terms of both revenue and profitability. Here's a deeper look at RF Micro's second-quarter results.
The details
RF Micro handily beat both its own guidance and analyst estimates for revenue and EPS during the second quarter:
Average Analyst Estimate
Prior Guidance
Actual Results
Revenue
$346.2 million
Top Prefered Stocks To Watch Right Now: Escalade Incorporated (ESCA)
Escalade, Incorporated engages in the manufacture and sale of sporting goods, and information security and print finishing products worldwide. It operates in two segments, Sporting Goods, and Information Security and Print Finishing. The Sporting Goods segment manufactures, imports, and distributes family recreation, fitness, training, and hunting products. It offers archery products under the Bear Archery, Trophy Ridge, and Whisker Biscuit brands; table tennis under the STIGA and Ping-Pong brands; basketball backboards and goals under the Goalrilla, Goaliath, and Silverback brands; play systems under the Woodplay and Childlife brands; fitness products under The STEP and USWeight brands; hockey and soccer game tables under the Harvard Game, Atomic, and Accudart brands; and pool tables and accessories under the Mosconi and Mizerak brands. This segment offers its products through traditional department stores, mass merchandise retailers, and sporting goods specific retailers . The Information Security and Print Finishing segment offers shredders, disintegrators, degaussers, paper folders, letter openers, and paper cutters/trimmers under the martin yale, intimus, and papermonster brands. It offers products and services directly to end-users, as well as through retailers, wholesalers, catalogs, specialty dealers, and business partners. This segment focuses on corporate customers, governments, and strategic business partners. Escalade, Incorporated was founded in 1922 and is headquartered in Evansville, Indiana.
Advisors' Opinion:- [By Lisa Levin]
Escalade (NASDAQ: ESCA) shares gained 1.51% to reach a new 52-week high of $14.80. Escalade shares have jumped 140.20% over the past 52 weeks, while the S&P 500 index has gained 16.64% in the same period.
Top Prefered Stocks To Watch Right Now: Altria Group(MO)
Altria Group, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes, smokeless products, and wine in the United States and internationally. It offers cigarettes under the Marlboro, Virginia Slims, Parliament, Benson & Hedges, Basic, and L&M brands; smokeless tobacco products under the Copenhagen, Skoal, Red Seal, Husky brands, and Marlboro snus brands; and machine-made large cigars and pipe tobacco. The company also produces and sells blended table wines under the Chateau Ste Michelle and Columbia Crest names; and distributes Antinori and Villa Maria Estate wines and Champagne Nicolas Feuillatte in the United States. In addition, it maintains a portfolio of leveraged and direct finance leases in rail and surface transport, aircraft, electric power, real estate, and manufacturing. The company sells its tobacco products to wholesalers, including distributors; large retail organizations, such as chain stores; and the armed services. Altria Group, Inc. markets its wine products to restaurants, wholesale clubs, supermarkets, wine shops, and mass merchandisers. The company was founded in 1919 and is headquartered in Richmond, Virginia.
Advisors' Opinion:- [By Dan Caplinger]
Altria (NYSE: MO ) will release its quarterly report next Tuesday, and the stock has made its way higher to reach its best levels since the company spun off its interest in globally focused Philip Morris International. Even as usual concerns about the health impacts of tobacco, and regulatory pressure, continue to weigh on the industry, Altria earnings look poised to keep growing steadily.
- [By Jon C. Ogg]
Altria Group Inc. (NYSE: MO) is a company that keeps managing to remain influential. It has started to pick up its effort in the e-cigarettes market, and rumors of industry consolidation would make it even more defensive — plus it has a minority stake in SABMiller for beer. Trading at $36.50, Altria has a 52-week range of $33.12 to $38.58. The consensus price target from analysts is now $40.00. Altria also has a high dividend yield of 5.3% and a submarket valuation of 14 times expected earnings. This may change some day, but betting that the tobacco industry will disappear has just not ever worked.
- [By Rupert Hargreaves]
After a�record�first half, tobacco stocks are now starting to pull back as the high-yield sector of the market is sold-off. During the first six and a half months of the year, Altria (NYSE: MO ) matched the S&P 500 with gains of 17.5%, while�Reynolds American (NYSE: RAI ) �climbed 24% and Philip Morris International (NYSE: PM ) �advanced�7.3%, all excluding dividends (the S&P 500 gained 18% over the same period). However, since the recent sell-off began, all three companies have wiped out most of their gains so far this year.��
- [By WALLSTCHEATSHEET]
Altria Group provides cigarette, cigar, tobacco and wine products to many consumers all around the world. The stock has witnessed a strong bid higher and is now consolidating slightly below all-time high prices. Over the last four quarters, earnings and revenue figures have been on the rise which have been mostly priced-in by investors in the company. Relative to its peers and sector, Altria Group has been a year-to-date performance leader. Look for Altria Group to OUTPERFORM.
10 Best Shipping Stocks To Buy Right Now: Indus Motor Company Ltd (INDU)
Indus Motor Company Limited is a Pakistan-based company mainly engaged in the manufacture of automobiles and trucks. The Company is a joint-venture between the House of Habib, Toyota Motor Corporation and Toyota Tsusho Corporation for assembling, progressive manufacturing and marketing of Toyota-branded vehicles in Pakistan. It also acts as the sole distributor of Toyota-branded vehicles in Pakistan. In addition, the Company also acts as the sole distributor of Daihatsu-branded vehicles in Pakistan and has a license for assembling, progressive manufacturing and marketing of these vehicles in Pakistan. Advisors' Opinion:- [By Nick Taborek]
Goldman Sachs Group Inc., Visa (V) Inc. and Nike Inc. (NKE) will be added to the Dow Jones Industrial Average (INDU), replacing Bank of America Corp. (BAC), Hewlett-Packard Co. (HPQ) and Alcoa Inc. (AA) in the biggest reshuffling since April 2004.
- [By Inyoung Hwang]
The S&P 500 (SPX) climbed 2 percent to 1,614.42 for the week. The Dow Jones Industrial Average (INDU) briefly surpassed 15,000 on May 3 and ended the week up 261.41 points, or 1.8 percent, to 14,973.96. Microsoft Corp., International Business Machines Corp. and Walt Disney Co. led the Dow�� advance during the week, gaining at least 4.7 percent.
- [By Alex Barinka]
Energy and financial stocks fell 0.8 percent each. Exxon Mobil Corp. slipped 0.8 percent to $94.03 and Chevron Corp. slumped 1.1 percent to $126.17. Bank of America Corp. lost 1.4 percent to $14.52 for the biggest decline in the Dow (INDU) while JPMorgan Chase & Co. declined 0.6 percent to $55.69.
- [By Carol Hymowitz]
When a CEO retires, most of the payout comes from shares accumulated in the tenure, Wood said. The Dow Jones Industrial Average (INDU) closed above 16,000 for the first time last week.
Top Prefered Stocks To Watch Right Now: Euronet Worldwide Inc.(EEFT)
Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers. The company operates in three segments: EFT Processing, epay, and Money Transfer. The EFT Processing segment provides electronic payment solutions consisting of automated teller machine (ATM) network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit card outsourcing, card issuing, and merchant acquiring services; advertising, customer relationship management, currency conversion, mobile top-up, bill payment, fraud management, and foreign remittance payout services; and integrated software solutions for electronic payments and transaction delivery systems. As of December 31, 2011, it processed transactions for a network of 14,224 ATMs and approximately 57,000 POS terminals in Europe, the Middle East, and the Asia Pacific. The epay segment engages in the ele ctronic distribution of prepaid mobile airtime and other electronic payment products, and provides collection services for various payment products, cards, and services. This segment operates a network of approximately 615,000 POS terminals to enable electronic processing of prepaid mobile airtime top-up services and other electronic payment products in Europe, the Middle East, the Asia Pacific, North America, and South America, as well as distributes vouchers and physical gifts in Europe. The Money Transfer segment provides consumer-to-consumer money transfer services through a network of sending agents and company-owned stores in North America and Europe; customers bill payment services; payment alternatives, such as money orders and prepaid debit cards; check cashing services for various issued checks; and foreign currency exchange services. The company serves customers in approximately 150 countries worldwide. Euronet Worldwide, Inc. was founded in 1994 and is headquarte red in Leawood, Kansas.
Advisors' Opinion:- [By John Udovich]
Small cap money transfer stock Euronet Worldwide, Inc (NASDAQ: EEFT) and Wal-Mart Stores, Inc (NYSE: WMT) have announced an exclusive money transfer service called "Walmart-2-Walmart,��meaning its time to take a closer look at the stock along with the performance of peers like Moneygram International Inc (NASDAQ: MGI), Xoom Corp (NASDAQ: XOOM) and The Western Union Company (NYSE: WU) which fell 17.68%, 4.32% and 4.98%, respectively.
Top Prefered Stocks To Watch Right Now: Regeneron Pharmaceuticals Inc.(REGN)
Regeneron Pharmaceuticals, Inc., a biopharmaceutical company, discovers, develops, and commercializes pharmaceutical products for the treatment of serious medical conditions in the United States. The company?s commercial product includes ARCALYST (rilonacept) injection for subcutaneous use for the treatment of cryopyrin-associated periodic syndromes, including familial cold auto-inflammatory syndrome and muckle-wells syndrome in adults and children. Its products under Phase III clinical development stage consist of VEGF Trap-Eye, an aflibercept ophthalmic solution developed using intraocular delivery for the treatment of serious eye diseases; ARCALYST for the prevention of gout flares in patients initiating uric acid-lowering treatment; and Aflibercept (VEGF Trap), which is developed in oncology. The company?s earlier stage clinical programs include various human antibodies, such as REGN727 for low-density lipoprotein cholesterol reduction, REGN88 for rheumatoid arthritis and ankylosing spondylitis; REGN668 for atopic dermatitis and asthma; REGN421 and REGN910 for oncology; REGN475 for the treatment of pain; and REGN728 and REGN846. It also conducts preclinical research programs in the areas of oncology and angiogenesis, ophthalmology, metabolic and related diseases, muscle diseases and disorders, inflammation and immune diseases, bone and cartilage, pain, cardiovascular diseases, and infectious diseases. The company distributes its products through third party service providers. It has strategic collaboration with sanofi-aventis Group to discover, develop, and commercialize human monoclonal antibodies; and Bayer HealthCare LLC to develop and commercialize VEGF Trap. Regeneron Pharmaceuticals, Inc. was founded in 1988 and is based in Tarrytown, New York.
Advisors' Opinion:- [By Ben Levisohn]
In the movie Blast From the Past, when Brendan Fraser asks why a player has to run from first base to second when a ball is put in play he is told, “Because he must.” That might be the best explanation for why stocks rose today, as high flyers like Regeneron Pharmaceuticals (REGN), Netflix (NFLX) and International Business Machines (IBM) helped lead the major indexes to record highs.
- [By Traders Reserve]
Regeneron (REGN) shares could see a big jump in 2014. The big promise in the year is with respect to expansion of its eye treatment product, Eylea. Analysts expect the company to grow profits by more than 50% in 2014. At current prices shares trade for 54 times 2014 estimated earnings. That�� a rich premium, but not nosebleed compared to some momentum stocks. The real potential for growth to be even larger than expected is what turns on the momentum ground and as other rocket ships come back to earth look for this one to keep on climbing.
- [By WWW.DAILYFINANCE.COM]
Wall Street had another rising day, with the Dow Industrials and the S&P 500 reaching new record highs. But one tech stock tanked and the momentum took a bunch of others in the sector down with it. The Dow Jones industrial average (^DJI) closed 25 points higher, the Nasdaq composite (^IXIC) added 8 points, and the Standard & Poor's 500 index (^GPSC) was up 3 points. One of the top gainers on the S&P 500 was used car giant CarMax (KMX). Its share price zoomed higher by 16.5 percent with revenue and profits hitting record levels. The still lackluster economic recovery is causing many to drive off lots in used cars instead of new vehicles. And the hottest model over the past two years? The Nissan Altima. Automotive retailer AutoNation (AN), which runs new and used dealerships, also got a boost, rising more than 5 percent. It was a different story for software giant Oracle (ORCL), which was one of the S&P 500's biggest losers. Its stock fell 4 percent on sagging earnings. Social media stocks fell too. Pandora (P) was down 1.5 percent as was Groupon (GRPN), LinkedIn (LNKD) lost almost 1 percent and Amazon (AMZN) fell less than 1 percent two days after unveiling its first smartphone. But poor Radioshack (RSH). Its stock hit a new low, trading below a dollar a share for the first time after falling almost 10 percent. Since the beginning of the year the stock is down 64 percent. One analyst has a price target of zero on the stock. Ouch. (We hope you don't have that one in your portfolio.) And Darden's (DRI) earnings weren't very appetizing. Profits came in much lower than expected and guidance was weak. The stock fell 4 percent. It is selling its Red Lobster chain and trying to focus on revamping Olive Garden. Solar stocks had a bright day, though. Shares of SunEdison (SUNE) shone brightly rising 1.5 percent on news it was acquiring some solar farms in Massachusetts. Other solar stocks also basked on the day. Canadian Solar gained 6 percent, and
Top Prefered Stocks To Watch Right Now: Alliance Fiber Optic Products Inc.(AFOP)
Alliance Fiber Optic Products, Inc. engages in the design, manufacture, and marketing of a range of fiber optic components and integrated modules incorporating these components to communications equipment manufacturers and service providers in North America, Europe, and Asia. The company offers interconnect devices that are used to connect optical fibers and components; couplers and splitters that are used to divide and combine optical power; and dense wavelength division multiplexing (DWDM) devices that separate and combine multiple specific wavelengths. Its connectivity products include connectivity modules; optical connectors, adapters, and cable assemblies; fused and planar fiber optical splitters and couplers; optical tap couplers and ultra low polarization dependent loss tap couplers; amplifier wave division multiplexing (WDM) couplers; optical fixed attenuators; and fused fiber WDM couplers. The company?s optical passive products comprise filter WDMs, amplifier fil ter WDMs, DWDMs, coarse WDMs, compact coarse WDMs, add/drop DWDM filters, optical isolators, optical bypass switches, and automatic variable optical attenuators. Its products are deployed in long-haul networks that connect cities; metropolitan networks that connect areas within cities; last mile access networks that connect to individual businesses and homes; and enterprise networks within businesses. The company sells its products to communications equipment manufacturers who incorporate its products into their systems and sell them to network service providers, as well as to other component manufacturers for resale or inclusion in their products. Alliance Fiber Optic Products, Inc. was founded in 1995 and is headquartered in Sunnyvale, California.
Advisors' Opinion:- [By Alex Planes]
What: Shares of Alliance Fiber Optic Products (NASDAQ: AFOP ) have surged nearly 13% today after the company bested the Street's earnings consensus and offered strong guidance for the upcoming quarter.
- [By Harry Boxer]
On the long side, Alliance Fiber Optic Products Inc. (AFOP) �has held support at around 17.00 and bounced, reaching 20.43 intraday on Tuesday, before closing at 20.04. That was a gain of 35 cents, or 1.78%, on 1.1 million shares, an increase in volume. It's near resistance. It did back off 20.64, the high it had about two weeks ago, and if it can get through that, it should test 21.00, and then 24.00, my targets.
- [By Lisa Levin]
Alliance Fiber Optic Products (NASDAQ: AFOP) shares moved up 11.07% to $16.46. The volume of Alliance Fiber Optic shares traded was 322% higher than normal. Alliance Fiber Optic issued a strong Q1 forecast.
Top Prefered Stocks To Watch Right Now: E*TRADE Financial Corporation(ETFC)
E*TRADE Financial Corporation, a financial services company, provides online brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand in the United States. It offers trading products and services, including automated order placement and execution of the U.S. equities, futures, options, exchange-traded funds, and bond orders; sweep deposit accounts; access to E*TRADE Mobile Pro to trade stocks and transfer funds between accounts, as well as to monitor real-time investment, market, and account information; access to Power E*TRADE Pro, a desktop trading software for active traders; an open applications programming interface for third-party and independent software developers; margin accounts; cross boarder trading; access to international equities; research and trade idea generation tools; and E*TRADE Community that utilizes social media to offer a platform to customers. The company also provides access to the inve stor resource center that provides an aggregated view of its investing tools, market insights, independent research, education, and other investing resources; advisory services through Online Advisor; fixed income tools to identify, evaluate, and implement fixed income investment strategies; access to Retirement QuickPlan calculator that provides action plan on personal retirement savings; one-on-one portfolio recommendations and personalized plans; managed investment portfolio advisory services; unified managed account advisory services; individual retirement accounts; access to non-proprietary exchange-traded funds and mutual funds; investing and trading educational services through online videos, Web seminars, and Web tutorials; and deposit accounts, including checking, savings, and money market accounts. In addition, it provides software and services for managing equity compensation plans for corporate customers. The company was founded in 1982 and is headquartered in Ne w York, New York.
Advisors' Opinion:- [By Eric Volkman]
E*TRADE (NASDAQ: ETFC ) reported Thursday that first-quarter revenue was a shade under $420 million, which didn't meet the average analyst projection of $439 million.
- [By Sean Williams]
Finally, and along those same lines, E*TRADE Financial (NASDAQ: ETFC ) jumped 4% both on the comfort that the Fed will continue to buoy the still-fragile markets with QE3 and on the announcement that CEO Paul Izdik will be speaking at the Sandler O'Neil Global Exchange & Brokerage Conference next week. Just as with State Street, these conferences give analysts a good idea about the health of a financial firm and are often followed by upgrades and/or downgrades. For E*TRADE, a lot more is on the line since it's still in the process of recovering from a mortgage loan portfolio rife with toxic and delinquent loans. As long as the Fed keeps lending rate targets near record lows (as it pledged today), it'll allow E*TRADE ample time to recover.�
- [By Dan Caplinger]
Under normal circumstances, brokers make money through management fees on sweep accounts and more profitable investments for brokerage-account cash credit. But with short-term rates so low, Schwab (NYSE: SCHW ) , E*TRADE Financial (NASDAQ: ETFC ) , and other companies have had to subsidize their money market funds, accepting lower management fees in order to avoid having investors' returns fall below zero. A renewal of higher short-term rates will return things to normal and provide a nice boost for Schwab and its money-managing peers.