NI Technology Updates Outlooks for Dell, Hewlett-Packard, Applied Materials, Marvell Technology Group and 3PAR
PRINCETON, N.J., Aug. 17 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on semiconductor and technology stocks, has published updated outlooks for Dell (Nasdaq: DELL), Hewlett-Packard (NYSE: HPQ), Applied Materials (Nasdaq: AMAT), Marvell Technology Group (Nasdaq: MRVL) and 3PAR (NYSE: PAR).
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.
After a month of muddling through the correction, McWilliams advised readers it was time to accumulate shares and prepare for a July rally. As investors know, the rally he called started on July 6th. When does McWilliams predict the market will peak in this rally and how does he see it performing during the balance of 2010? Investors can learn that and more with a Next Inning trial subscription.
For Next Inning readers it's been another very successful earnings season. To kick things off, McWilliams again provided his estimates for Intel, which despite being substantially above the highest estimates provided by the 41 Wall Street analysts covering the stock, were, for the fifth consecutive quarter, within a rounding error of what Intel reported. From there, it just kept getting better. Next Inning published McWilliams' thoughts on key tech companies throughout the recent earnings season, offering his critical insights.
Trial subscribers will receive the Next Inning Summer 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.
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McWilliams covers these topics and more in his recent reports:
-- Amid all the drama surrounding Dell, including the firm's bid for 3PAR, do investors have an opportunity to get in now at a bargain price? What is McWilliams' fair value price for Dell and how much upside does it represent from here?
-- McWilliams called 3PAR one of his favorite potential acquisition targets in a summer 2009 report and specifically stated that Dell was a good potential buyer. Now that Dell has offered to buy the firm at a huge premium, should 3PAR investors hold out for a better offer or take profits and move on? What other firms does McWilliams believe are most likely to be acquired by Dell's competitors?
-- McWilliams encouraged Next Inning readers to buy Hewlett-Packard shortly after Mark Hurd took over as CEO in 2005. At the time, the stock was trading at about $25. When it was announced that Hurd was shown the door, McWilliams suggested selling shares of HP shortly after the market open on August 9th when the stock was trading for $43.40. With Hurd gone and Hewlett-Packard's price down to $40 and change, what does McWilliams think investors should do ahead of the company's Thursday earnings release?
-- Is Wall Street right to be taking a negative view of Applied Materials based on the recent earnings report from Lam Research and on TSMC's increased capital spending plans? Does McWilliams' evidence suggest that the demand environment for Applied Materials' products is much better than Wall Street is forecasting?
-- Should Marvell investors be concerned about the trend away from hard disk drives and by the poor results reported by the companies that manufacture them? Why might Marvell's positioning in the storage market be more robust than Wall Street gives it credit for? What is Wall Street misinterpreting about the nature of Marvell's business with Research in Motion? What other upsides does McWilliams see for Marvell and why does he think investors should consider it as a good potential strategic investment?
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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