Top Tech Analyst Publishes State of Tech Report, Issues Investor Updates and Revised Price Targets on 71 Companies, Including Micron, Cisco Systems, EMC, VMware, and Oracle
PRINCETON, N.J., April 4, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has issued updated outlooks for Micron (Nasdaq: MU), Cisco Systems (Nasdaq: CSCO), EMC (NYSE: EMC), VMware (NYSE: VMW) and Oracle (Nasdaq: ORCL).
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 44% year to date), Micron (up 44% year to date), Marvell (up 38% year to date), PMC Sierra (up 19% year to date) and SanDisk (up 28% year to date). Stocks he suggested avoiding/selling include Fusion-io (down 34% 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 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:
-- Micron: In his Q4 2012 State of Tech report, McWilliams wrote that Micron was a buy at its then current price of $6.34 and set an exit target in the high $9s. Ahead of Micron's recent earnings report, McWilliams reiterated his opinion and wrote the easy money has been made and to look for an exit in the high $9s to low $10s. The price of Micron peaked at $10.27 and traded above $10 for five consecutive days. Investors who followed McWilliams advice were rewarded with a gain of roughly 60% inside three months. With the price now back in the low $9s, is it time to buy Micron again? What price objective does McWilliams see as realistic for Micron in the second half of 2013 and what does he think will drive it?
-- Cisco: McWilliams was quick to advise Next Inning readers that Wall Street was wrong when it pushed Cisco's price under $15 in July 2012 and wrote that it should be viewed as a buying opportunity. With the price of Cisco now up over 40% from its 2012 low, does McWilliams believe the stock is still trading at an attractive price? Is Cisco poised for above-trend growth in 2013? What specifically does McWilliams see changing for Cisco in 2013 and how does he think those changes will impact the price of Cisco's stock?
-- EMC and VMware: Does McWilliams think EMC would be better off instituting a dividend policy rather than using its free cash flow to continually buy shares of VMware? Why does McWilliams say it's important for investors to view EMC's value from both a traditional valuation perspective as well as a deconstructed valuation perspective? What does McWilliams say is the right way to deconstruct EMC's valuation model and what price target does it suggest for EMC? What does McWilliams think about the new EMC VMWare joint venture, Pivotal Initiative? At their current prices, does McWilliams think investors should buy EMC or VMWare? What does McWilliams think about EMC competitor, NetApp?
-- Oracle: When Oracle announced it would hire Mark Hurd, McWilliams wrote without caveat that investors should buy stock at the then current price of $24. He reiterated that call recently when the price of Oracle dipped into the low $30s. Now that the price of Oracle has recovered some from its recent lows, does McWilliams think there is still enough upside potential for investors to buy here? What specific trends does McWilliams see developing that he thinks will favor Oracle? Why does McWilliams think Oracle is really interested in acquiring Acme Packet? Where can Oracle leverage Acme's unique positioning in session control within its core business model? Is Oracle well positioned to be a big winner as the "Big Data" paradigm takes hold?
Founded in September 2002, Next Inning's model portfolio has returned 231% 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