RF Micro Devices, Inc. (NASDAQ:RFMD)

CAPS Rating: 3 out of 5

The Company designs and manufactures RF components and system solutions for mobile communications.

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Player Avatar TMFZahrim (49.04) Submitted: 7/28/2010 6:21:58 AM : Outperform Start Price: $4.23 RFMD Score: -26.00

Chief rival Skyworks Solutions (Nasdaq: SWKS) doesn't suffer from massive-customer syndrome, relying fairly evenly on sales to Motorola, Samsung, and LG Electronics. On the other hand, I believe that RF Micro has been unfairly punished for its close ties to the struggling Nokia, losing 11% of its market value over the last year while Skyworks gained 56%. RF Micro is taking action against that specific risk factor and deserves a stronger valuation than it's getting.

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