Leading Tech Analyst Updates Outlooks for Apple, Micron, RF Micro Devices, and Advanced Micro Devices
PRINCETON, N.J., June 7, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has issued updated outlooks for Apple (Nasdaq: AAPL), Micron (Nasdaq: MU), RF Micro Devices (Nasdaq: RFMD) and Advanced Micro Devices (NYSE: AMD).
During 2012, Next Inning editor, Paul McWilliams predicted both the spring and fall corrections as well as the rally that started in November and carried through the first quarter of 2013. On the day the November rally started, he advised readers it would lift the NASDAQ by as much at 18% by the end of March 2013. As we know now, that is exactly what happened.
McWilliams has delivered with a number of impressive tech-sector calls. Most recently, on Sunday, June 2nd, McWilliams shared his bullish view of Ciena ahead of its earnings report. Shares of Ciena surged on a positive earnings report and are now up 14% from where the stock opened on Monday June 3rd.
McWilliams will have many more tech-sector picks as his acclaimed State of Tech report is released in the coming weeks, beginning with a special update on Intel next week. McWilliams' State of Tech reports cover nearly a hundred tech companies and include dozens of detailed tables and graphs, for free, no strings attached. In the reports, McWilliams shares his opinions as to which of companies investors should buy and which should be avoided. State of Tech is a must read for investors and analysts focusing on technology right now.
To get ahead of the Wall Street curve and receive McWilliams' Q2 2013 State of Tech report, you are invited to take a free, 21-day, no obligation trial with Next Inning. For full details on this offer, please visit the following link:
https://www.nextinning.com/subscribe/index.php?refer=prn1573
Topics discussed in the latest reports include:
-- Apple: McWilliams presented his case for selling or avoiding Apple when it traded above $700 last year. Since then, every risk McWilliams warned investors Apple would face going forward has materialized, and the price of Apple has dropped nearly 40%. With shares seemingly stuck in the mid-$400s, is McWilliams expecting the stock to be reignited by big news from next week's Worldwide Developers Conference meeting? What tech blue chip could get a boost from the conference?
-- Micron: McWilliams has long been in tune with the cycles of memory chip makers like Micron, and in 2012 advised Next Inning readers on a Micron swing traded that yielded a return of 52%. Later, on December 12, 2012, McWilliams suggested buying and holding shares at its then current price of $6.36. Considering the improved pricing within the DRAM market, is Micron poised for more upside? Could Micron shares move above $20?
-- RF Micro Devices: Should investors be concerned about recent selling by RF Micro insiders? What is the best way for investors to view insider selling at tech industry companies?
-- AMD: While some pundits are touting AMD based on its presence in the next round of Xbox and Sony gaming consoles, are they making their calls too late after McWilliams called AMD a buy at $2.37 in December?
Founded in September 2002, Next Inning's model portfolio has returned 272% since its inception versus 79% for the S&P 500.
About Next Inning:
Next Inning is a subscription-based investment newsletter that provides regular coverage on more than 150 technology and semiconductor stocks. Subscribers receive intra-day analysis, commentary and recommendations, as well as access to monthly semiconductor sales analysis, regular Special Reports, and the Next Inning model portfolio. Editor Paul McWilliams is a 30+ year semiconductor industry veteran.
NOTE: This release was published by Indie Research Advisors, LLC, a registered investment advisor with CRD #131926. Interested parties may visit adviserinfo.sec.gov for additional information. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
CONTACT: Marcia Martin, Next Inning Technology Research, +1-888-278-5515
SOURCE Indie Research Advisors, LLC
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