The Long and Short of It: RF Micro, Netflix, Intel

Today’s Long and Short of It includes RF Micro Devices, Inc. (NASDAQ:RFMD) – LONG, Netflix, Inc. (NASDAQ:NFLX) – LONG, and Intel Corporation (NASDAQ:INTC) – SHORT.

Over the past month, RF Micro Devices has made an impressive 12 new highs for the month, indicating the stock has some momentum.  This makes it a long candidate as the price could continue up to at least test the overhead resistance of $6 set back in late April of this year.  Over the past 12 months RF Micro Devices Inc (RFMD) shares have traded between a 52-week low of $3.65 and its 52-week high of $6.05.  RF Micro Devices Inc shares are now trading with a P/E Ratio of 15.2 and EPS of 0.32.  RFMD shares were trading today at $5.23, up +1.7% / +$0.09 with volume at 2.48M shares traded.

Netflix is also flexing some momentum muscle as the stock has made 11 new highs in the past one-month timeframe.  The stock lost some momentum last week but appears to be gaining steam again as it will test the $137.25 resistance level soon, making it a long candidate.  Over the past 12 months Netflix Inc (NFLX) shares have traded between a 52-week low of $39.27 and its 52-week high of $140.90.  Netflix Inc shares are trading with a P/E Ratio of 50.9 and EPS of 2.47.  NFLX shares were trading today at $135.8, up 0.66% and volume was 2.65M shares traded.

Intel Corporation stock has been pummeled as of late, making it a short candidate on our list.  The stock has dropped, making 15 new lows in the past month and showing short term downward momentum.  INTC shares are trading at $18.27, down -0.7% / -$0.13 and volume is currently at 20.06M shares.  This price level has already broken the $18.50 support set back in December of 2009.  Over the past 12 months Intel Corp (INTC) shares have traded between a 52-week low of $17.60 and its 52-week high of $24.37.  Intel Corp shares are now trading with a P/E Ratio of 10.6 and EPS of 1.67.

Good luck to investors and may your dollars be strong.