PRINCETON, N.J., Nov. 29, 2012 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has published updated outlooks for DragonWave (Nasdaq: DRWI), Cree (Nasdaq: CREE), Anadigics (Nasdaq: ANAD) and Altera (Nasdaq: ALTR).
So far, the roadmap Editor Paul McWilliams laid out for 2012 has been extremely accurate. In March, just two days before the market peaked and began its over two-month slide, he warned Next Inning readers that stock prices were peaking and a correction was headed our way. Following this, once the markets bottomed, he predicted we would see prices rally through the Q2 earnings season. As it turned out, this was one of the strongest rallies the market has seen in a very long time.
However, following the close on September 14, 2012, McWilliams published an updated Strategy Review and, in that, predicted again that the markets were due for another drop ahead of the November election. This time he nailed the year-to-date high to the day. If you are a tech investor, you'll want to be sure to read what McWilliams predicts will happen next.
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.
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Topics discussed in the latest reports include:
-- DragonWave: Since buying its microwave backhaul radio group, DragonWave has been the strategic supplier of microwave radios used for broadband mobile backhaul to Nokia Siemens Networks (NSN). In a special report published earlier this week, McWilliams provided readers with evidence suggesting NSN dramatically increased its market share in the mobile 4G market and revealed the attach rate for microwave backhaul used in those applications. Given this data and the fact that Sprint, which is now the majority owner of Clearwire, will likely accelerate capital spending, are there reasons to believe things are shaping up favorably for tiny DragonWave?
-- Cree: In October, when Cree was trading for only $25.50, McWilliams issued a report estimating Cree's full value price range at $28.24 to $30.72. With Cree now trading above $33.50, is it time for investors to take profits, or has McWilliams raised his full value price range upward, suggesting further upside ahead? What has Cree demonstrated during the last quarter that has caught Wall Street's positive attention? Are there reasons to believe the trend will continue?
-- Anadigics: Two weeks ago when Anadigics appeared to be stuck in the low $1 range and threatening to go lower, McWilliams boldly predicted its emerging WiFi (802.11ac) business would build traction early in 2013 and offset most if not all the seasonal weakness the company usually sees in Q1. This week Wall Street finally figured that out too. The price of Anadigics is now up over 40% from where McWilliams recently recommended buying. Is there more to the Anadigics story that McWilliams thinks will push the price even higher in 2013 or is it time to take profits?
-- Altera: True to its regular practice, Altera reminded investors it will update its Q4 outlook next week. However, what's different this year is that Altera will also conduct a conference call and provide an outlook and "vision" for 2013. In years past, Altera's mid-quarter update has consisted of only a few sentences, never a conference call nor a commitment to look further out into the future. What does McWilliams make of this change in Altera's practice?
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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