Top Tech Analyst: Wall Street's Expectations for Apple's Earnings Report Are "Troubling"
PRINCETON, N.J., Oct. 28, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has issued updated outlooks for Apple (Nasdaq: AAPL), Harmonic (Nasdaq: HLIT), Integrated Device Technology (Nasdaq: IDTI), PMC-Sierra (Nasdaq: PMCS), and Sanmina (Nasdaq: SANM).
Next Inning Editor Paul McWilliams has been a leading analyst covering the technology sector for over a decade. McWilliams is known for helping its readers generate strong returns, and no one has been more accurate than McWilliams when it comes to Apple. Nearly a decade ago, McWilliams advised readers that Apple was positioned to win big when it was trading for less than $10 per share (split adjusted). While many analysts turned negative on Apple when Steve Jobs died, McWilliams maintained his strongly bullish opinion. However, as Apple was hitting record highs in 2012, he advised Next Inning readers to sell.
In McWilliams' detailed earnings preview covering Apple, McWilliams' offers an in depth look at what investors can expect when Apple reports earnings this week, and he points out where Wall Street analysts are getting the story wrong. This is an absolute must-read report for any Apple investors thinking about holding the stock into the company's earnings report this week.
McWilliams' detailed earnings previews and other reports are available to trial subscribers for free by visiting the following link:
https://www.nextinning.com/subscribe/index.php?refer=prn1644
Also included in McWilliams' earnings previews this week:
-- Harmonic: Why does McWilliams believe the deployment of CCAP technology will substantially boost revenue growth potential for Harmonic? What advantages does McWilliams think Harmonic has over its competitors in this emerging market? How might the new Ultra-HD standard impact Harmonic's business? What other trends does McWilliams think will benefit Harmonic going forward?
-- IDT: IDT is up nearly 65% from where McWilliams suggested that Next Inning readers buy the stock last year and up 20% from where he reiterated the call following the resignation of IDT's CEO. Does McWilliams see further upside ahead or is it time for investors to take profits? What tech sector trends have the potential to drive further upside for IDT?
-- PMC-Sierra: Should PMC-Sierra and IDT investors be excited about PMC-Sierra's acquisition of IDT's enterprise SSD business? Why does McWilliams view this as a positive move for both companies? Why might PMC-Sierra be well positioned to capitalize on this deal, and what price objective does McWilliams think is reasonable for investors to target? What five factors have weighed on PMC-Sierra's stock price of late? Could shares move above $10 in 2014?
-- Sanmina: In his Q3 2012 State of Tech report, McWilliams outlined a compelling bullish thesis for Sanmina, but warned readers the price would likely dip before moving higher. Following that, the price of Sanmina fell 11% to a low of $7.58, but quickly rebounded to close the year at $11.07, where McWilliams reiterated his bullish outlook. What was Wall Street overlooking in the Sanmina equation? With the price now up roughly 126% from the Q4 2012 low, is the bullish view McWilliams outlined fully priced into the stock or does he see more upside potential during the next six to 12 months? Could shares hit the $20 mark? What is McWilliams' exit strategy?
Trial subscribers also receive the newly published Next Inning State of Tech report, which financial writer Steve Halpern, who has covered the newsletter industry for nearly three decades, stated without caveat that is "the most ambitious project" he's ever seen in the advisory world.
State of Tech is designed to help tech investors establish and manage strategies as well as capitalize on profit opportunities during the upcoming earnings season. This highly acclaimed report covers 71 technology stocks and dives deep into a number of exciting, emerging tech trends.
Next Inning editor Paul McWilliams provides clear and actionable calls and defines what he views as a "full value" price range for over 71 leading tech stocks. Some readers have said it's like getting next month's news today. Trial subscribers will receive the 212-page report, which includes over 40 detailed tables and graphs, for free, no strings attached. This report is a must read for investors and analysts focusing on technology right now.
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.
McWilliams spent a decades-long career in the technology industry and has earned a reputation for his skill in communicating complex technology trends to individual investors and professional analysts alike. His reports have won over readers with their ability to unravel the complexities of the industry and, more importantly, identify which companies are likely to be the winners and losers as technology trends change.
Founded in September 2002, Next Inning's model portfolio has returned 312% since its inception versus 93% 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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