Top Tech Analyst Publishes State of Tech Report, Issues Investor Updates and Revised Price Targets on 71 Companies, Including Marvell Technology Group, Alcatel-Lucent, Broadcom, Skyworks Solutions, and Cypress Semiconductor
PRINCETON, N.J., April 9, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has issued updated outlooks for Marvell Technology Group (Nasdaq: MRVL), Alcatel-Lucent (NYSE: ALU), Broadcom (Nasdaq: BRCM), Skyworks Solutions (Nasdaq: SWKS), and Cypress Semiconductor (Nasdaq: CY).
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 50% year to date), Micron (up 47% year to date), Marvell (up 43% year to date), PMC Sierra (up 24% year to date) and SanDisk (up 28% year to date). Stocks he suggested avoiding/selling include Fusion-io (down 35% year to date) and Netlist (down 12% 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:
-- Marvell: Is Marvell seeing positive trends develop for its products in storage, networking, LED drive and several other markets that are relatively new for the company? There is one wildcard market in the Marvell deck that continues to worry Wall Street and keep Marvell's price under pressure. Does McWilliams think Marvell is poised to perform in this market and, if it does, what does he view as a reasonable price target for Marvell's stock during the second half of 2013? Should investors be concerned about the threat posed by Carnegie Mellon University's lawsuit against Marvell?
-- Alcatel-Lucent: In an October 2012 report, with Alcatel-Lucent trading at $1.10, McWilliams laid out data points suggesting that the odds of an Alcatel-Lucent turnaround had improved? Shares traded as high as $1.79 (up 72% from McWilliams' buy call) and McWilliams said the easy money had been made and it was time to book some profits. With shares now having pulled back sharply, does McWilliams see another opportunity for the stock to make a run towards $2, or possibly higher?
-- Broadcom: During the last several years McWilliams advised Next Inning readers to view Broadcom as a trading stock only. During this period of time, he called every major inflection point for Broadcom with uncanny accuracy. However, as he carefully explains in his recently released State of Tech report, a number of things have changed in the Broadcom story for the better. What does McWilliams believe has changed for Broadcom and how does he think these changes will impact the price potential for Broadcom's stock this year?
-- Skyworks: How does Skyworks compare to rivals Avago, TriQuint, and RF Micro in terms of its positioning as a supplier to Apple? Is Skyworks oversold and poised to outperform the broader technology sector in 2013? What strategy does McWilliams think is the best way for tech investors to cover the RF semiconductor sector? Trial subscribers will find detailed commentary covering five of the world's leading RF semiconductor suppliers in the recently released Next Inning State of Tech report.
-- Cypress: Has the introduction Apple's new "Lighting" 9-pin connector posed challenges for Cypress as an Apple supplier? After a tough 2012, is Cypress poised for a strong rebound in 2013? What strategy does McWilliams think Cypress will attempt to execute this year to rebound? Could Cypress shares hit $15 in the near term?
Founded in September 2002, Next Inning's model portfolio has returned 232% 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