NI Technology Previews Earnings for Broadcom, RF Micro Devices, STMicro, Tellabs, and TriQuint
PRINCETON, N.J., Oct. 26 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on semiconductor and technology stocks, has published earnings previews for Broadcom (Nasdaq: BRCM), RF Micro Devices (Nasdaq: RFMD), STMicroelectronics (NYSE: STM), Tellabs (Nasdaq: TLAB) and TriQuint Semiconductor (Nasdaq: TQNT).
Editor Paul McWilliams has displayed uncanny accuracy in identifying winners and losers during this challenging and historic period for the markets. After calling the rally that started in March 2009 to the day and providing Next Inning readers with buy recommendations that in some cases returned in excess of 400%, he advised readers on May 3, 2010 that the markets were heading for a correction. By the end of the day, the correction started.
In his June 7th Strategy Review, McWilliams advised readers we would see stocks rally in July, but that the rally would be followed by another selloff in August. As we know now, both events materialized as predicted. On August 30th, Next Inning published McWilliams' Fall Strategy Review that outlines what he expects from the markets during the coming three months and naming five stocks he thinks will hit new highs before the close of the year. Investors are invited to read McWilliams' market insights with no obligation during a 21-day risk-free trial.
Trial subscribers will receive the Next Inning Fall Strategy Review and highly acclaimed State of Tech reports that offer in-depth, sector-by-sector coverage of over 65 leading tech companies and specific guidance on which stocks he thinks investors should own and which should be avoided. These reports, as well as McWilliams' regular commentary and detailed earnings previews, are available for free to trial subscribers.
In addition, subscribers will have access to McWilliams' daily commentary and actionable alerts. To take advantage of this offer and receive these reports for free, please visit the following link:
https://www.nextinning.com/subscribe/index.php?refer=prn201
McWilliams covers these topics and more in his recent reports:
-- The price of Broadcom has more than doubled since McWilliams alerted Next Inning readers it was time to buy in 2009. As a bonus, readers who followed his risk hedging idea of twice selling covered calls have pocketed an extra $4.50 in profits. McWilliams again encouraged readers to buy Broadcom when the price slumped in September, but this time with a particular exit strategy in mind. What is that strategy and what does McWilliams view as a fair price range for Broadcom? What does he think will work in Broadcom's favor for calendar Q4?
-- As the price of RF Micro Devices dipped below $4 last summer McWilliams didn't pull any punches -- he advised Next Inning readers that Wall Street was dead wrong in its assessments of not only the RF sector, but also about the company. Buyers who jumped on board have been rewarded with a near double in only three months. With the price of RF Micro now back in the mid-$6s, does McWilliams think the investment has played out or that we've only just begun to see the stock's true value? What broad forces are at work in the RF sector and where does McWilliams see RF Micro standing in relation to its primary competitors? What two RF semiconductor stocks does McWilliams think are the best to own today?
-- STMicro has been hit on both sides -- with European demand weak and the euro strengthening it has fought an uphill battle during the second half. Does McWilliams think Wall Street has fairly applied these macro-forces in its valuation of the company or have analysts ignored other more positive forces that are working in STMicro's favor? What two things have changed in the STMicro equation this year that may work in the company's favor in Q4? What does McWilliams see as a fair price range for the stock?
-- As McWilliams points out, Tellabs has made some very significant improvements to its operating model during the last two years. Does he think these have been fully quantified by Wall Street and, thereby, priced into the stock? What does he see as a specific upside for Q4? What sector does McWilliams think will show substantial demand growth starting in the second half of 2011? What equipment can Tellabs sell into this growing market and does McWilliams think it will be successful? Based on what he views as conservative estimates, what is McWilliams estimated fair value for Tellabs' stock?
-- Investors who followed McWilliams' advice to buy TriQuint in early 2009 and then sell it in October of that year before it fell into the $5s captured a profit of nearly 300%. The short story here is McWilliams saw the late October fall coming and warned his readers to get out of the way. However, once the dust settled he wrote in early December it was time to buy again at the then current price in the high-$5s. He reiterated his buy call last summer when the stock dipped again and explained why Wall Street's sour outlook was totally baseless. What two unique aspects of the TriQuint story does McWilliams see as compelling going forward and what is his calculated estimated fair price range for the stock?
Founded in September 2002, Next Inning's model portfolio has returned 285% since its inception versus 25% 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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