AppliedMicro (AMCC +6%) and Equinix (EQIX +2.3%) rallied after making Evercore's list of top...

|About: Applied Micro Circuits Corp... (AMCC)|By:, SA News Editor

AppliedMicro (AMCC +6%) and Equinix (EQIX +2.3%) rallied after making Evercore's list of top 2013 tech picks: the firm declares AMCC "a deeply undervalued play on the data center" thanks to its ARM server CPU, optical, and datacom products, and is a fan of EQIX's fundamentals and planned REIT conversion. Also making the list are Apple (AAPL), Red Hat (RHT - exposure to open-source software growth and cloud/big data/virtualization trends), and Qualcomm (QCOM - smartphone growth, 4G adoption, and demand for faster processors).