Top Tech Analyst Previews Earnings for ON Semiconductor, Power Integrations, Power-One, and QLogic
PRINCETON, N.J., May 1, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has issued updated outlooks for ON Semiconductor (Nasdaq: ONNN), Power Integrations (Nasdaq: POWI), Power-One (Nasdaq: PWER), and QLogic (Nasdaq: QLGC).
During 2012, Next Inning editor, Paul McWilliams predicted both the spring and fall corrections as well as the rally that started in November and carried through the first quarter of 2013. On the day the November rally started, he advised readers it would lift the NASDAQ by as much at 18% by the end of March 2013. As we know now, that is exactly what happened.
To keep Next Inning readers ahead of the curve, Next Inning is now publishing McWilliams' highly acclaimed earnings previews. These reports outline McWilliams' outlook for the second quarter and provide readers with deep insight into the world's leading tech companies. McWilliams also shares his opinions as to which of these companies investors should buy and which should be avoided.
Trial subscribers will also receive McWilliams' 167-page State of Tech report, which includes 35 detailed tables and graphs, for free, no strings attached. This report is a must read for investors and analysts focusing on technology in 2013.
Already in 2013, McWilliams suggested buying several including Cree (up 62% year to date), Micron (up 49% year to date), Marvell (up 45% year to date), and SanDisk (up 24% year to date). Stocks he suggested avoiding/selling include Netlist (down 28% year to date), Fairchild (down 13% year to date) and Cypress (down 8% year to date). McWilliams' new earnings previews outline which stocks investors will want to own and which they should avoid.
To get ahead of the Wall Street curve and receive McWilliams' Q1 2013 State of 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:
Topics discussed in the latest reports include:
-- 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%. ON Semi subsequently sold off to a low of $7.18 and closed yesterday at $7.86. What is McWilliams' reentry strategy and what is his outlook for ON during the second half of 2013?
-- Power Integrations: McWilliams advised Next Inning readers to avoid Power Integrations during the first half of 2012 when the stock was trading in the high $30s to mid-$40s, but flipped to a bullish position later in the year when the stock sold off to $30. What is his exit strategy for the stock and what does he view as a "full value" price range? What does he see going well for Power Integrations in 2013 and what are the risks?
-- Power-One: McWilliams advised Next Inning readers to avoid Power-One when the stock was a Wall Street darling and trading in double-digits in 2011, but flipped to a buy opinion in April 2012 when the price dipped to $4.26. Only four months later when Power-One crested at $6.39, his exit strategy was realized. What does he think investors still holding Power-One should do today in light of the buyout offer from ABB?
-- QLogic: In his earnings preview for QLogic, McWilliams advised Next Inning readers he viewed the stock as being oversold at its then current price of $10.54. Now that QLogic has sold its InfiniBand product line to Intel, does McWilliams think the stock is a better investment than it was before the sale? What trends in high speed adapters does McWilliams think will impact QLogic going forward? Does McWilliams think QLogic's recently announced PCIe strategy will prove to be a winner? Could QLogic shares have an upside to $16 and beyond?
Founded in September 2002, Next Inning's model portfolio has returned 241% since its inception versus 74% 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