Top Tech Analyst Publishes State of Tech Report, Issues Investor Updates and Revised Price Targets on 71 Companies, Including Juniper Networks, Taiwan Semiconductor Manufacturing, Ciena, Flextronics, and Finisar
PRINCETON, N.J., April 10, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has issued updated outlooks for Juniper Networks (NYSE: JNPR), Taiwan Semiconductor Manufacturing (NYSE: TSM), Ciena (Nasdaq: CIEN), Flextronics (Nasdaq: FLEX), and Finisar (Nasdaq: FNSR).
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 published McWilliams highly acclaimed State of Tech report last week. This report outlines McWilliams' outlook for the second quarter and provides readers with deep insight into 71 of 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 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 57% year to date), Micron (up 52% year to date), Marvell (up 44% year to date), PMC Sierra (up 26% year to date) and SanDisk (up 30% year to date). Stocks he suggested avoiding/selling include Fusion-io (down 35% year to date) and Netlist (down 16% 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 McWilliams' 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:
-- Juniper Networks: McWilliams advised Next Inning readers to sell Juniper in 2011 when the stock was trading in the $40s and maintained a bearish view of the stock until it dropped all the way to $16.31 in 2012 and reiterated a buy call in his Q2 2012 State of Tech report when the stock was trading at $17.11. Following that, he suggested hedging long positions by selling July 2013 $21.00 covered calls at the then current premium of $2.08. With the stock now back in the teens, does McWilliams think it's time to buy ahead of Juniper's earnings report or that Juniper will disappoint again? What three factors should investors consider when evaluating Juniper's position today?
-- TSMC: In his "Paradigm Paper" titled "Trends Favor Semiconductor Fabrication Companies," McWilliams strongly encourage Next Inning readers to buy TSMC in December 2008 when the stock was trading for only $7.50. Including dividends, the investment has returned over $160%. With Samsung and Intel presenting increasing competition for TSMC, is it time for investors to take profits ahead of TSMC's earnings report? Beyond these competitive threats, what fundamental aspect of the TSMC story does McWilliams say poses a risk for investors that Wall Street is ignoring? Is it possible that TSMC will reduce its dividend payment going forward?
-- Ciena: During the last four years McWilliams has treated Ciena as a cyclical trading stock and investors who have followed his calls have yielded profits of over 160%. With expectations of increased wireline telecom spending, does he think Ciena is poised for another run over $20 this year? What five positive factors will benefit Ciena in 2013?
-- Flextronics: What caused McWilliams to adjust his rating on Flextronics last year? Has McWilliams taken a more bullish or bearish view of Flextronics? Does McWilliams expect that Flextronics will outperform expectations this year? What is his price target for Flextonics?
-- Finisar: Analysts have pounded Finisar this year, claiming it is threatened by new innovations in Silicon-Photonics. Are these realistic threats or is Finisar poised to grow profits well above expectations? Why is the deployment of 4G LTE networks a big deal for Finisar? Are analysts ignoring the fact that Finisar is taking market share in the ROADM and WSS markets and why does McWilliams believe this is a big deal? What is McWilliams' price target for Finisar?
Founded in September 2002, Next Inning's model portfolio has returned 237% since its inception versus 73% 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