Time to Take Profits in MEMC? Leading Tech Analyst Updates Outlooks for MEMC Electronic Materials, EMC, PMC-Sierra, Integrated Device Technology and Qualcomm

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PRINCETON, N.J., May 31, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has issued updated outlooks for MEMC Electronic Materials WFR, EMC EMC, PMC-Sierra PMCS, Integrated Device Technology IDTI and Qualcomm QCOM.

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. 

Trial subscribers will also receive McWilliams' 167-page State of Tech report, which includes 35 detailed tables and graphs, for free, no strings attached. In this report, McWilliams shares his opinions as to which of companies investors should buy and which should be avoided. This report is a must read for investors and analysts focusing on technology in 2013.

Already in 2013, McWilliams suggested buying several including Cree (up 84% year to date), Micron (up 86% year to date), Marvell (up 59% year to date), and SanDisk (up 33% year to date). Stocks he suggested avoiding/selling include Fusion-IO (down 41% year to date), Oclaro (down 35% year to date), and Netlist (down 16% year to date). McWilliams' new earnings previews outline which stocks investors will want to own and which they should avoid.

To get ahead of the Wall Street curve and receive McWilliams' Q1 2013 State of 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:

https://www.nextinning.com/subscribe/index.php?refer=prn1571

Topics discussed in the latest reports include:

-- MEMC: A little over a year ago, McWilliams wrote that there was room for speculation with the stock trading at $3.75. With shares now up by nearly 120%, is it time for investors to take profits in MEMC, or is there room for more upside? How has MEMC shifted not only its strategic focus, but its core business model?  What does McWilliams think this shift will deliver over time?  What options strategy might MEMC investors use to lower the risk of continuing to hold MEMC, yet target an exit price above $11 per share?  Learn how to leverage a simple trick the pros use every day to lower risks and maximize gains.

-- EMC: McWilliams has long suggested that EMC is a strong candidate to pay a regular dividend and that its lack of a dividend had led it to underperform other tech blue chips during 2013. McWilliams pulled no punches in his highly acclaimed Q1 State of Tech report where he wrote that EMC's stock price would immediately move up if the company instituted a regular dividend policy. Where does McWilliams see the price of EMC going as we move through the year and at what price does he think the stock will reach its full valuation?

-- PMC-Sierra and IDT: McWilliams was critical of IDT's move into the enterprise SSD business. As he noted in his last State of Tech report, while the strategy leverages IDT's strength in PCIe switch technology, it simply lack synergy, and as such is a distraction for the core business model.  Does McWilliams see IDT's move to sell this business as a notable positive development for the company? With the price of IDT now up more than 42% from McWilliams suggested entry price last year and trading within his target range, is it time for investors to lock down profits or does McWilliams think there is more upside in store?  Should PMC-Sierra investors be excited about this acquisition?  What's different in the PMC-Sierra equation and what price objective does McWilliams think is reasonable for investors to target?

-- Qualcomm: Apple has exerted strong pressure on the margins of suppliers like Cirrus Logic and RF Micro. Is Qualcomm also likely to be impacted by Apple's pricing pressure?

Founded in September 2002, Next Inning's model portfolio has returned 268% since its inception versus 81% 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

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