Leading Tech Analyst Previews Earnings for Anadigics, Cirrus Logic, Microchip Technology, PMC-Sierra and Integrated Device Technology
PRINCETON, N.J., July 30, 2012 /PRNewswire/ — Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has published updated outlooks for Anadigics (Nasdaq: ANAD), Cirrus Logic (Nasdaq: CRUS), Microchip Technology (Nasdaq: MCHP), PMC-Sierra (Nasdaq: PMCS), and Integrated Device Technology (Nasdaq: IDTI).
Editor Paul McWilliams is best known for spotting big winners long before they are recognized by Wall Street. Nearly a decade ago, he advised Next Inning readers that Apple was positioned to win big when it was trading for less than $10 per share (split adjusted). However, in markets like we face today, many readers appreciate his calls to sell even more.
In last week’s earnings previews McWilliams reiterated his negative view on Facebook. Facebook is down over 40% from an IPO price that McWilliams strongly suggested readers should avoid. McWilliams also suggested selling RF Micro Devices for a modest profit from his suggested entry price. It declined over 10% after releasing a disappointing report last week. Several stocks McWilliams suggested buying ahead of their earnings reports went up over 20% last week.
In his “Guide for the Q2 Earnings Season”, McWilliams offers in depth data and analysis on 67 tech companies expected to report aggregate revenue in excess of $800 billion this year. The report includes McWilliams’ second half outlook, full value price ranges and current investment opinions for all 67 stocks. With this data, investors can appropriately position themselves for the July earnings season.
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.
McWilliams thinks his 62-page State of Tech report should be read by all tech investors and is making it, along with his special report “Triple Crown Tech Stocks,” available free of charge to all who sign up for a no-obligation free trial to Next Inning Technology Research.
To get ahead of the Wall Street curve and receive Next Inning’s latest reports for free, 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:
McWilliams’ recent reports cover the following topics and more:
– Anadigics: What does McWilliams say has been “masking” strategic progress at Anadigics? What are the four pillars of a bullish thesis for Anadigics? Last week McWilliams suggested buying TriQuint ahead of an earnings report that sent its price up 10%. Does he think this week is the time to own Anadigics?
– Cirrus: After a 50% run up from his suggested entry price last January, McWilliams suggested exiting Cirrus when it ran above $30 last month. Does he think it’s time to jump back in ahead of its earnings report this week? What does McWilliams see as a full value price target for Cirrus now that analysts have raised estimates up to what he was forecasting last January? What does he think will lead Cirrus to guide for more than a 25% sequential increase in revenue for calendar Q3?
– Microchip: Could a recent partnership between Taiwan Semiconductor Manufacturing and Renesas be disruptive to Microchip’s business model? What new competitive threats does this impose on Microchip’s embedded Flash licensing business? Are there longer term threats investors should consider?
– PMC-Sierra: Is PMC-Sierra well positioned to overcome competitive threats in its PON market? What differentiates PMC-Sierra in these markets from competitors like Broadcom and Marvell? What does McWilliams expect PMC-Sierra to say about its storage business that represents roughly 50% of its total revenue? What critical information is McWilliams expecting from PMC-Sierra’s conference call today?
– IDT: After working for several years to rebuild its business model, is IDT now poised to move higher from here? What critical strategy is IDT attempting to execute in the wireless basestation market and what major semiconductor companies will it have to compete with to win? Could shares double from current levels as Wall Street begins to recognize the new story at IDT?
Founded in September 2002, Next Inning’s model portfolio has returned 248% since its inception versus 53% 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