PRINCETON, N.J., June 4, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has issued updated outlooks for Ciena (Nasdaq: CIEN), Fusion-IO (NYSE: FIO), SanDisk (Nasdaq: SNDK), STMicroelectronics (NYSE: STM) and TowerJazz Semiconductor (Nasdaq: TSEM).
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.
The predictions McWilliams shared in this report are panning out very well for Next Inning readers. He suggested buying DragonWave, AMD and TriQuint. These stocks have since moved up 70%, 57% and 39% respectively. He also wrote that investors should avoid Oclaro and Cavium, which have dropped 17% and 16% respectively. McWilliams advised readers they will only have a wait another 30 days for the next edition of State of Tech. This is a must-read report for tech investors.
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=prn1572
Topics discussed in the latest reports include:
-- Ciena: After successfully swing-trading Ciena for years, McWilliams flipped to a bullish view on the company in his Q4 2012 State of Tech report. There he advised readers that the demand drivers for Ciena would steadily improve as we moved through 2013, and in the second half, drive revenue and earnings above Wall Street expectations. What should Ciena investors expect from the company's earnings report this week? With expectations of increased wire-line telecom spending, does McWilliams think Ciena is poised for another run over $20 this year? What five positive factors will benefit Ciena in 2013?
-- Fusion-IO: McWilliams has been right about Fusion-IO since its IPO, especially when he suggested selling in late 2011 when the stock was peaking in the high $30s and very low $40s. With two key executives leaving and a new CEO taking over, does McWilliams think it's now time to build a position in Fusion-IO while it trades in the mid-teens?
-- SanDisk: After successfully swing-trading SanDisk for years, McWilliams took a buy-and-hold attitude last fall when the price was trending in the high-$30s. Does he continue to view SanDisk favorably? Does he think it is an appropriate alternative to Fusion-IO for investors who want exposure to NAND Flash and Solid-State Drive (SSD) technology? What is his price objective for SanDisk?
-- STMicro: In his Q1 State of Tech report, McWilliams wrote that, as Wall Street began to understand STMicro better, the stock could move into the $8 to $9 range, or possibly even low double-digits. With shares now trading at the high side of his range, is it time for investors to take profits? What options strategy will allow STMicro investors to lock in additional gains and reduce risks?
-- TowerJazz: What do investors need to know about the recent TowerJazz rights offering? Is this the right move for TowerJazz to fix its balance sheet and focus on growth? Are U.S. investors being put at a disadvantage because the rights and associated warrants will only trade on the Israeli TASE stock exchange? What strategy did McWilliams say he would follow with his personal portfolio?
Founded in September 2002, Next Inning's model portfolio has returned 275% 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