NI Technology Updates Outlooks for Blue Coat Systems, Cree, OmniVision Technologies, SanDisk and Micron
PRINCETON, N.J., June 1 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on semiconductor and technology stocks, announced it has updated outlooks for Blue Coat Systems (Nasdaq: BCSI), Cree (Nasdaq: CREE), OmniVision Technologies (Nasdaq: OVTI), SanDisk (Nasdaq: SNDK) and Micron (Nasdaq: MU).
Editor Paul McWilliams has displayed uncanny accuracy in identifying winners and losers during this challenging and historic period for the markets. After logging a very successful 2009 that included suggesting his readers buy a number of stocks that subsequently posted gains of 100% to 400%, he advised readers on May 3rd the markets were heading for a correction. As we know now, that correction started the very next day.
Now that the major indexes have fallen more than the ten percent required to classify the drop as a "correction," McWilliams has outlined what he views as the real risks and advised Next Inning readers how he thinks things will play out during the balance of 2010. That said, McWilliams has still managed to pick a few select names for Next Inning readers that are fighting the downward trend.
Trial subscribers will receive McWilliams' highly acclaimed State of Tech reports that offer in-depth sector by sector coverage of over 65 leading tech companies and McWilliams' specific guidance on which stocks he thinks investors should own and which should be avoided. These reports, as well as McWilliams' regular commentary and his earnings previews for this week, are available for free to trial subscribers.
In addition, a Next Inning trial subscription also offers access to a new special report on stocks that are likely to benefit most from the boom in demand for mobile bandwidth worldwide driven by Apple's iPhone and other smartphones. Finally, 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=prn1025
McWilliams covers these topics and more in his recent reports:
-- McWilliams advised readers to buy Blue Coat Systems in 2009 when the stock was trading below $13. However, as the price went up, he set the high side of his "fair value" price target range in the mid-$20s and provided readers with a covered-call strategy to hedge risks. Readers who followed this strategy got out before the carnage last week. Does McWilliams think Wall Street was too harsh on Blue Coat following its earnings release last week? What does he think the real factors are that caused the company to guide for a sequential decrease in revenue? With the price of Blue Coat now down more than 40% from its recent high, does McWilliams think it's time to start accumulating shares?
-- McWilliams strongly suggested investors consider Cree in early 2009 when the stock dipped into the mid-teens. As we moved forward, he has been the only analyst covering the stock that has accurately forecasted the company's earnings. What four factors does McWilliams see as the primary drivers for Cree going forward? What is McWilliams' earnings forecast for fiscal 2010 and fiscal 2011? What has McWilliams calculated to be Cree's "fair value" price? What strategy can investors use to take advantage of Cree's high volatility?
-- Does worldwide semiconductor sales data suggest that demand has been strong in OmniVision's core image sensor market? Is this data already factored into OmniVision's stock price? Should investors consider buying OmniVision at current prices?
-- McWilliams suggested that Next Inning readers sell shares of Micron and use the money to buy SanDisk early this year. Since making that call the price of Micron has declined over 10% while the price of SanDisk rocketed upwards by more than 65%. Does McWilliams think it's now time to reverse the position in favor of Micron? Does semiconductor sales data indicate Micron set to substantially exceed Wall Street's estimates with its upcoming earnings report? How high could Micron shares go?
Founded in September 2002, Next Inning's model portfolio has returned 237% since its inception versus 20% 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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