PRINCETON, N.J., March 18, 2013 /PRNewswire/ -- Next Inning
Technology Research (http://www.nextinning.com), an online
investment newsletter focused on technology stocks, has issued
updated outlooks for Jabil Circuit (NYSE: JBL), Micron Technology
(Nasdaq: MU), Oracle (Nasdaq: ORCL), SanDisk (Nasdaq: SNDK), STEC
(Nasdaq: STEC) and Towerstream (Nasdaq: TWER).
In his quarterly reviews last week, Next Inning editor
Paul McWilliams suggested selling
shares of STEC and reiterated his buy call for SanDisk.
Following its disappointing quarterly report and guidance, the
price of STEC dropped more than 10% to a low of $4.55 where McWilliams suggested Next Inning
readers should buy for a swing trade. SanDisk, on the other
hand, moved up pushing the total gain since the buy call at the end
of 2012 to 27%. This week he provides guidance as to whether
STEC swing traders should take profits or let the investment ride a
while longer.
Other stocks McWilliams suggested buying ahead of quarterly
earnings reports include Cree (CREE) (up 55% year to date), Marvell
Technology Group (MVRL) (up 47% year to date), Micron (up 48% year
to date), PMC Sierra (PMCS) (up 29% year to date) and SanDisk (up
27% year to date). Stocks he suggested avoiding/selling include
Fusion-io (FIO) (down 24% year to date) and Netlist (NLST) (down
11% year to date).
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
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Topics discussed in the latest reports include:
-- The price of Jabil has moved up 10% since McWilliams
suggested buying the stock last December, but has underperformed
his favored stock in the sector, Flextronics. Why does
McWilliams think Jabil has underperformed Flextronics and broader
stock market averages so far this year? Why has Jabil's Free
Cash Flow (FCF) recently fallen short of its reported
earnings? What does McWilliams think will change with Jabil
this year and what does he view as a reasonable price target for
the stock?
-- In total, McWilliams trade calls for Micron have yielded a
profit of 125% during the last year. With the stock now up
48% from his last buy call, does McWilliams think it is time for
Micron investors to take profits or hedge using a covered call
strategy? What lower beta stock that has much stronger
fundamentals than Micron is likely to move in sympathy with
Micron's report this week? What three wildcards does
McWilliams see in the Micron deck, and if they fall in the right
order, how much upside could they deliver for Micron shareholders
later this year?
-- When Oracle announced it would hire Mark Hurd McWilliams wrote without caveat
investors should buy stock at the then current price of
$24. He reiterated that call
several times when the price of Oracle dipped into the low $30s
with the most recent being last December. With Oracle now
trading close to the high side of its range, does McWilliams think
it's a good time to take some profits or is there reason to view
Oracle as a strategic long-term holding? Why does McWilliams
think Oracle is uniquely positioned to leverage trends in Big
Data? What does Oracle have that no other company can
duplicate? What does McWilliams view as a "full-value" price
for Oracle?
-- In spite of the fact Towerstream CEO Jeff Thompson stated clearly during the
company's November conference call it would not need to raise more
money with a secondary offering, McWilliams warned readers it was
in the cards and would lead to a dip in Towerstream's stock
price. Sure enough, Towerstream floated yet another offering
only two months later. As a result, Towerstream trades 15%
below where it closed last year. With that now in the
rearview mirror, investors need to focus on Towerstream's WiFi
offload and small-cell co-location (Co-Lo) strategies now.
Why does McWilliams think Towerstream is uniquely positioned to
leverage these emerging trends? What does McWilliams think
Towerstream can offer that even much larger companies and even
national wireless carriers can't easily
duplicate?
Founded in September 2002, Next
Inning's model portfolio has returned 242% since its inception
versus 71% 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