NI Technology Research Issues Earnings Predictions for TriQuint Semiconductor, Lam Research, Teradyne, Avnet, and Benchmark Electronics
PRINCETON, N.J., Oct. 23, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has issued updated outlooks for TriQuint Semiconductor (Nasdaq: TQNT), Lam Research (Nasdaq: LRCX), Teradyne (NYSE: TER), Avnet (NYSE: AVT), and Benchmark Electronics (NYSE: BHE).
Financial writer Steve Halpern, who has covered the newsletter industry for nearly three decades, stated without caveat that the Next Inning State of Tech report is "the most ambitious project" he's ever seen in the advisory world. Next Inning is proud to announce it has just released its Q3 2013 State of Tech report.
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.
To get ahead of the Wall Street curve and receive Next Inning's Q3 2013 State of Tech report, you are invited to take a free, 21-day, no obligation trial with Next Inning, by visiting the following link:
Topics discussed in McWilliams' recent reports include:
-- 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, and forecasted that TriQuint's earnings this year would be more than double what the analysts were estimating then. Since then analysts have increased their earnings forecasts to what McWilliams was forecasting almost a year ago and the price of TriQuint has nearly doubled. Does McWilliams see more upside ahead for the stock? Could shares move above $10 in the near term?
-- Lam Research: Lam has been a clear winner this year, up 49%. Does McWilliams see more upside in store for the stock, or is it time to take profits? What options strategy can Lam investors use to lock in profits and reduce risk?
-- Teradyne: In October 2012, McWilliams advised Next Inning readers to wait for the stock to trade below $14 before buying and to set a sell target of $16 to $18. The stock dipped into McWilliams' buy range two days later and traded up into McWilliams price target range before the year was out. In his year-end State of Tech report, McWilliams advised readers that earnings estimates for Teradyne were too high and outlined a conservative options strategy that would allow investors leverage additional upside potential while lowering cash exposure to the investment by nearly 20%. What options strategy has allowed Teradyne investors to lock in profits and what is McWilliams suggesting Teradyne investors do ahead of the company's upcoming earnings report?
-- Avnet: McWilliams advised readers to buy Avnet and its rival Arrow when the stocks were bottoming in the fall of 2012. What is McWilliams' view of Avnet heading into its upcoming earnings report? Does McWilliams prefer Avnet over rival Arrow? What valuation penalty does Wall Street tend to apply to these two mega-distributors and why is that likely to continue?
-- Benchmark: Last year McWilliams suggested that readers buy Benchmark at its then current price of $13.95. With the stock now nearing the low side of his originally targeted exit price, does he think it is time to sell, or has McWilliams raised his exit target? What does McWilliams view as a "full value" price range for Benchmark? What were analysts overlooking last year that McWilliams brought to the attention of Next Inning readers, and what does he see in store for Benchmark going forward? Is he expecting Benchmark to exceed expectations when it reports earnings?
Founded in September 2002, Next Inning's model portfolio has returned 323% 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