Leading Tech Analyst Updates Outlooks for Ruckus Wireless, InvenSense, TriQuint Semiconductor, Akamai and TowerJazz Semiconductor
PRINCETON, N.J., Feb. 12, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has provided subscribers with earnings previews of several stocks in a new 15-page report, including on Ruckus Wireless (NYSE: RKUS), InvenSense (NYSE: INVN), TriQuint Semiconductor (Nasdaq: TQNT), Akamai (Nasdaq: AKAM) and TowerJazz Semiconductor (Nasdaq: TSEM).
Editor Paul McWilliams spent a decades-long career as a senior executive 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.
Each quarter, Next Inning publishes weekly earnings previews covering dozens of technology stocks, giving investors both long-term and short-term opinions to help shape their investment strategy.
Among the stocks where Next Inning was positive ahead of Q4 earnings so far were Cree (up 32% year to date), PMC Sierra (up 24% year to date), QLogic (up 20% year to date) and Skyworks (up 20% year to date); he was bearish on Cypress (down 12% year to date) and Atmel (flat year to date, but down after it reported earnings).
With sector leaders, Applied Materials and Cisco on deck this week, there is bound to be some market-moving news. In this week's report, McWilliams does a deep dive into these market leaders as well as Cisco's little known, but strategic supplier, EZchip. You will also find in-depth commentary on NetApp and Nvidia. In addition to his commentary and stock price projections, you'll also find historical data, company guidance and the outlooks from covering analysts for both the trailing and forward quarters.
To get ahead of the Wall Street curve and receive Next Inning's in depth earnings previews for free, as well as McWilliams' year-end 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:
-- Ruckus: McWilliams worked closely with the engineers who wrote the original WiFi spec in the 1990s and even used prototype WiFi devices in enterprise applications years before the spec was released. With this background, he was very familiar with Ruckus long before its public debut last year. However, many things have changed in the WiFi market during the last few years, and considering its current valuation, investors should think twice before jumping on this bandwagon. What has changed in the WiFi market and why is McWilliams hesitant to recommend Ruckus today?
-- InvenSense: InvenSense was a Wall Street darling when it debuted at $8.30 in November 2011, soaring to $17.05 when McWilliams published his first, in-depth report on InvenSense and the MEMS market. In that report, McWilliams predicted that InvenSense shares would likely move higher in the near-term, but that the stock was overbought and would subsequently fall. Following that report, InvenSense shares traded to an all-time high of $22.35 in March 2012 before falling all the way to $9.06 in June. Now trading near $15, is InvenSense still a compelling opportunity for investors looking to play the huge growth in next-generation consumer electronics? What does the rest of the MEMS market look like, and who are the biggest players? In his special report covering the MEMS sector, McWilliams charts the performance of the top-25 MEMS companies over a three year period. Does McWilliams' earnings and valuation analysis suggest that InvenSense is poised for further gains?
-- TriQuint: Was the steep post-earnings sell-off in TriQuint warranted, or has Wall Street created a buying opportunity for investors? Why did TriQuint sell off while both Skyworks and RF Micro Devices posted gains following their quarterly reports? Does the disappointing Q1'13 forecast change the long-term outlook for TriQuint? Is the RF semiconductor sector still poised for strong growth this year? What does McWilliams think about Anadigics and Avago, which are also focused on the RF semiconductor sector?
-- Akamai: McWilliams suggested readers consider buying Akamai in June 2011 on the day the stock dipped slightly below $29. With shares sharply lower following Akamai's recent earnings, but still above McWilliams' June 2011 buy price, is it time for investors to consider adding shares or should investors be looking for a further pullback before adding to positions?
-- TowerJazz Semi: Do TowerJazz's non-GAAP presentation practices distract investors from its core profitability? What is unique and according about TowerJazz's business model and why is its core progress being masked temporarily today? Is TowerJazz doing a good job of managing its limited capital resources?
Next Inning is known for helping its readers generate strong returns, and no one has been more accurate than McWilliams when it comes to Apple. Nearly a decade ago, McWilliams advised readers that Apple was positioned to win big when it was trading for less than $10 per share (split adjusted). However, as Apple was hitting record highs in 2012, he advised Next Inning readers to sell. McWilliams' 2012 calls to buy Cree have generated an 80% return in under a year.
Founded in September 2002, Next Inning's model portfolio has returned 247% since its inception versus 67% 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