State of Tech: A Guide to the Q2 2013 Earnings Season that Boldly Predicts the Winners and Losers, Covering Ciena, TriQuint, and Many More
PRINCETON, N.J., Oct. 7, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has issued updated outlooks for Ciena (Nasdaq: CIEN), TriQuint Semiconductor (Nasdaq: TQNT), Flextronics (Nasdaq: FLEX), Finisar (Nasdaq: FNSR), and ON Semiconductor (Nasdaq: ONNN).
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:
-- Ciena: After encouraging readers to sell Ciena as its price peaked in early 2011 at nearly $30, McWilliams flipped to a bullish view of the stock at the close of 2012 when it was trading for $15.70. McWilliams' baseline thesis was simple: Ciena was oversold and analysts' earnings forecasts were substantially below what he thought Ciena would report this year. As it has turned out, McWilliams was spot-on; Ciena has topped the earnings consensus estimates for the first three quarters it has reported in calendar 2013 by a total of $0.35. What led McWilliams to forecast Ciena's flip to profitability when Wall Street was still predicting losses? Are Wall Street estimates still too low, or has Ciena now achieved a full value price target? Are there other investments in the fiber optics sector that Wall Street is still underestimating that investors hunting for big gains like Ciena has posted this year should consider now?
-- Finisar: When Finisar was trading in the $12s earlier this year and some analysts were predicting new advancements in silicon-photonics technology would derail its business model, McWilliams stated without caveat that the analysis was wrong, and that once Finisar proved this to be the case, we would see the price move up substantially. Since then the price of Finisar has moved up over 80%. In his reports, McWilliams carefully explained why the analysts worried about silicon-photonics were wrong and why Finisar's high marginal profitability would drive its earnings well above expectations. In his State of Tech report, McWilliams expands beyond this and lays out his views and forecasts for Finisar's next earnings report and beyond. This is a must read report for tech investors and analysts.
-- Flextronics: Heading into 2013, McWilliams carefully explained why 2012 was a "transformational" year for Flextronics and why he thought the company would report above the then current consensus expectations of the covering analysts for both fiscal 2014 (ends March 2014) and fiscal 2015. As we know now, Flextronics is well on its way to fulfilling those projections and has posted a nearly 50% year-to-date gain for investors in 2013. Is Flextronics now fairly valued based on McWilliams' detailed valuation analysis, or does he see further upside ahead? What does McWilliams say about Flextronics and other players in the EMS sector in his highly acclaimed Paradigm Papers?
-- 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. Since then 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?
-- ON Semi: In October 2012, McWilliams wrote that sentiment toward ON Semi would improve significantly in the next six months and advised investors to consider the stock at its then price of $6.18. Following that, in his Q1 2013 State of Tech report, McWilliams advised readers it was time to take profits at ON's then current price of $8.27 for a quick gain of 33.8%. What does McWilliams see next for ON? At what price would McWilliams consider adding shares of ON?
Founded in September 2002, Next Inning's model portfolio has returned 297% since its inception versus 86% 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