NI Technology Research Updates Outlooks for SanDisk, TriQuint Semiconductor, PMC-Sierra, Finisar, and RF Micro Devices
PRINCETON, N.J., Aug. 2, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has issued updated outlooks for SanDisk (Nasdaq: SNDK), TriQuint Semiconductor (Nasdaq: TQNT), PMC-Sierra (Nasdaq: PMCS), Finisar (Nasdaq: FNSR), and RF Micro Devices (Nasdaq: RFMD).
Over the past decade, well over a thousand Wall Street analysts, money managers and institutional investors have joined thousands of savvy private investors in gaining key tech industry insights and intelligence from industry veteran and celebrated investor Paul McWilliams in his role as editor of Next Inning Technology Research.
"I value your research more than any others I read," said one hedge fund manager of Next Inning, recently. And a long-time tech industry analyst for a Wall Street research firm said, "I believe your research and calls are the best I have ever seen in my career." With McWilliams' impressive track record and unparalleled industry access, NI Technology Research has become an essential tool for analysts and investors looking to navigate today's complex technology landscape.
McWilliams' new installment of his acclaimed State of Tech series of reports covers 71 technology stocks and dives deep into a number of exciting, emerging tech trends, well ahead of the Wall Street curve. Trial subscribers will receive the 167-page report, which includes 35 detailed tables and graphs, for free, no strings attached. This report is a must read for investors and analysts focusing on technology in 2013.
To get ahead of the Wall Street curve and receive Next Inning's Q2 2013 State of Tech report, as well as McWilliams' Q2 2013 earnings previews, 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=prn1600
Topics discussed in the latest reports include:
-- SanDisk: Earlier this week, Wall Street flipped to a bearish view of SanDisk. The downgrades issued by some analysts were based on a decline in smartphone sales for Q3. With his near-perfect record in calling the cyclical swings with SanDisk, McWilliams quickly responded and suggested that Next Inning readers consider buying. Long-term Next Inning readers remember well McWilliams' call to sell SanDisk in January 2006 when the stock was setting record highs and his well-timed swing trade calls that followed. More recently, in January 2012, McWilliams urged readers to avoid SanDisk as it traded in the high $40s and hold out for an entry target in the low $30s. SanDisk subsequently hit a low of $30.99. With SanDisk now back on the radar for investors, what does he see as a good exit target? What is unique about the demand elasticity in the NAND Flash market when compared to the DRAM market? What does McWilliams think SanDisk's new dividend policy and stock buyback commitment signals?
-- TriQuint: The day before RF semiconductor stock prices bottomed last November, McWilliams advised Next Inning readers to expect a dramatic turnaround in 2013 and suggested it was time to buy. He predicted we would see a notable increase in revenue, and with that, higher profit margins and upside earnings surprises. He also noted that TriQuint would be one of the companies that would benefit most from this trend. Since then the price of TriQuint has nearly doubled. In his detailed July 2013 earnings preview for TriQuint, McWilliams laid out his model for exactly what he expected from TriQuint during the second half of 2013 and carefully explained why Wall Street's view was wrong. As it turned out, McWilliams was right again. Does McWilliams see more upside ahead for the stock? Could shares move above $10 in the near term? Trial subscribers will receive McWilliams' newest earnings preview, covering company's reporting next week and including McWilliams' thoughts on the next tech sector earnings winner.
-- RF Micro: RF Micro Devices has been more of a trading stock for McWilliams through the years. During 2012 he called two profitable swing trades, and now he thinks it's a buy again. Why does McWilliams think the recent downgrades are wrong and where does he see RF Micro going as we move through the second half? Are the fears about slowing smartphone production something that should concern investors, or is that just a part of a bigger story that is offset by other drivers?
-- PMC-Sierra: Was PMC-Sierra's earnings report in line with McWilliams' expectations? Has the stock's post-earnings drop created a buying opportunity for investors focused on the longer term? What are investors missing in the larger PMC-Sierra story and what does McWilliams think will shift the tide for PMC-Sierra going forward?
-- Finisar: We now have tacit proof that McWilliams was right when he mocked the Wall Street analysts who predicted Finisar would fail and set price targets in single digits. As McWilliams likes to say, the Finisar story was evidently too simple for Wall Street to understand. With the price of Finisar now up roughly 80% from its November low where McWilliams urged Next Inning readers to consider buying the stock, how much more upside could it have? What are the real drivers behind the Finisar story that Wall Street ignored last year, and what are the new drivers McWilliams sees coming into play during the next twelve months?
Founded in September 2002, Next Inning's model portfolio has returned 315% since its inception versus 88% 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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