Quarterly Previews and Updated Outlooks for Jabil, Micron, Oracle, SanDisk, STEC and Towerstream
PRINCETON, N.J., March 18, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has issued updated outlooks for Jabil Circuit (NYSE: JBL), Micron Technology (Nasdaq: MU), Oracle (Nasdaq: ORCL), SanDisk (Nasdaq: SNDK), STEC (Nasdaq: STEC) and Towerstream (Nasdaq: TWER).
In his quarterly reviews last week, Next Inning editor Paul McWilliams suggested selling shares of STEC and reiterated his buy call for SanDisk. Following its disappointing quarterly report and guidance, the price of STEC dropped more than 10% to a low of $4.55 where McWilliams suggested Next Inning readers should buy for a swing trade. SanDisk, on the other hand, moved up pushing the total gain since the buy call at the end of 2012 to 27%. This week he provides guidance as to whether STEC swing traders should take profits or let the investment ride a while longer.
Other stocks McWilliams suggested buying ahead of quarterly earnings reports include Cree (CREE) (up 55% year to date), Marvell Technology Group (MVRL) (up 47% year to date), Micron (up 48% year to date), PMC Sierra (PMCS) (up 29% year to date) and SanDisk (up 27% year to date). Stocks he suggested avoiding/selling include Fusion-io (FIO) (down 24% year to date) and Netlist (NLST) (down 11% year to date).
To get ahead of the Wall Street curve and receive Next Inning's in depth earnings previews for free, as well as McWilliams' upcoming Q1 2013 State or 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:
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Topics discussed in the latest reports include:
-- The price of Jabil has moved up 10% since McWilliams suggested buying the stock last December, but has underperformed his favored stock in the sector, Flextronics. Why does McWilliams think Jabil has underperformed Flextronics and broader stock market averages so far this year? Why has Jabil's Free Cash Flow (FCF) recently fallen short of its reported earnings? What does McWilliams think will change with Jabil this year and what does he view as a reasonable price target for the stock?
-- In total, McWilliams trade calls for Micron have yielded a profit of 125% during the last year. With the stock now up 48% from his last buy call, does McWilliams think it is time for Micron investors to take profits or hedge using a covered call strategy? What lower beta stock that has much stronger fundamentals than Micron is likely to move in sympathy with Micron's report this week? What three wildcards does McWilliams see in the Micron deck, and if they fall in the right order, how much upside could they deliver for Micron shareholders later this year?
-- When Oracle announced it would hire Mark Hurd McWilliams wrote without caveat investors should buy stock at the then current price of $24. He reiterated that call several times when the price of Oracle dipped into the low $30s with the most recent being last December. With Oracle now trading close to the high side of its range, does McWilliams think it's a good time to take some profits or is there reason to view Oracle as a strategic long-term holding? Why does McWilliams think Oracle is uniquely positioned to leverage trends in Big Data? What does Oracle have that no other company can duplicate? What does McWilliams view as a "full-value" price for Oracle?
-- In spite of the fact Towerstream CEO Jeff Thompson stated clearly during the company's November conference call it would not need to raise more money with a secondary offering, McWilliams warned readers it was in the cards and would lead to a dip in Towerstream's stock price. Sure enough, Towerstream floated yet another offering only two months later. As a result, Towerstream trades 15% below where it closed last year. With that now in the rearview mirror, investors need to focus on Towerstream's WiFi offload and small-cell co-location (Co-Lo) strategies now. Why does McWilliams think Towerstream is uniquely positioned to leverage these emerging trends? What does McWilliams think Towerstream can offer that even much larger companies and even national wireless carriers can't easily duplicate?
Founded in September 2002, Next Inning's model portfolio has returned 242% since its inception versus 71% 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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