Top Tech Analyst Publishes State of Tech Report, Issues Investor Updates and Revised Price Targets on 71 Companies, Including Hewlett-Packard, Corning, Dell, Applied Materials, and Texas Instruments
PRINCETON, N.J., April 5, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has issued updated outlooks for Hewlett-Packard (NYSE: HPQ), Corning (NYSE: GLW), Dell (Nasdaq: DELL), Applied Materials (Nasdaq: AMAT) and Texas Instruments (Nasdaq: TXN).
So far, the roadmap Editor Paul McWilliams laid out for 2013 has been extremely accurate with rebounds and rallies in key segments of the tech sector. His new State of Tech report covers 71 technology stocks and dives deep into a number of exciting, emerging tech trends, well ahead of the Wall Street curve. Trial subscribers will receive the 167-page 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 stocks ahead of quarterly earnings reports including Cree (up 48% year to date), Micron (up 46% year to date), Marvell (up 44% year to date), PMC Sierra (up 25% year to date) and SanDisk (up 25% year to date). Stocks he suggested avoiding/selling include Fusion-io (down 34% year to date) and Netlist (down 14% year to date). McWilliams' new State of Tech report outlines which stocks investors will want to own and which they should avoid as the market hits new all-time highs.
To get ahead of the Wall Street curve and receive Next Inning's in depth earnings previews for free, as well as McWilliams' upcoming Q1 2013 State or 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:
-- Hewlett-Packard: Without hesitation or caveat, McWilliams advised Next Inning readers to sell Hewlett-Packard at its then current price in the $40s when it announced the termination of Mark Hurd. Why might HP's botched acquisition of Autonomy weigh on the company well into 2013? Is HP poised to face formidable new competition in the software space? Should investors continue to avoid HP, or might a turnaround opportunity emerge in the near-term?
-- Corning: Are Corning's key markets poised to make a rebound? Why is Corning's development of Willow Glass an important new technology beyond the fact it enables flexible displays? How might Willow Glass be a game-changer in terms of Corning's production process? Do new cutting-edge products developed by Corning have the potential to deliver future growth that is not well represented in Corning's stock price?
-- Dell: When analysts slammed Dell following its November 2012 earnings release, McWilliams advised Next Inning readers that Wall Street simply didn't understand the changes Dell had already made to its business model and that there was a nearly 70% upside available from its then current price of $8.86 to McWilliams' target of $14.75. In December, Dell was upgraded by Goldman Sachs, but as McWilliams explained then, the upgrade still missed the core story, and he reiterated that Dell was worth at least $14.75. As the buyout stories surfaced and pundits originally claimed stockholders were getting a good deal at $13.65, McWilliams wrote it would take more to get the deal done, and as McWilliams predicted, higher bidders have emerged. In his State of Tech Report, McWilliams explains what analysts are still missing in the Dell story and presents the price range he thinks Dell shareholders will get once Dell is taken private. Could Dell shares commend as much as $20 from a buyer as some pundits now claim?
-- Applied Materials: McWilliams suggested throughout 2012 that Next Inning readers accumulate shares on dips into the $10s. As he carefully explained, while Applied Materials' revenue would likely weaken as it subsequently did, there is a rebound coming in 2013 that will start with Applied's April ending quarter. With Wall Street now embracing this view of Applied Materials, does McWilliams think it's now time to take profits or that there is considerable more upside potential for the stock. What one thing about Applied Materials' story does McWilliams think Wall Street is still missing and why is it important?
-- Texas Instruments: McWilliams turned a cold shoulder to Texas Instruments when it announced it would buy National Semi. According to McWilliams, TI was overpaying and he pulled no punches when he said investors should sell at the then current mid-$30 price. However, he flipped to a bullish view and suggested buying the stock last year when the price dipped into the mid-$20s. What caused McWilliams to reverse his view on TI and with the stock now back into the mid-$30s does he think it's time to take profits?
Founded in September 2002, Next Inning's model portfolio has returned 231% since its inception versus 72% 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