Next Inning Technology Research (http://www.nextinning.com), a subscription service focused on semiconductor and technology stocks, announced it has updated outlooks for Micrel (Nasdaq: MCRL), SunPower (Nasdaq: SPWR), PMC-Sierra (Nasdaq: PMCS), Corning (NYSE: GLW), and Ciena (Nasdaq: CIEN).
McWilliams predicted the trading action last week with near perfection. He alerted subscribers to expect a short rally following a strong report from Hewlett-Packard but warned that the release of the Fed minutes would cut the rally short. You can read what he thinks the market has in store for us this week with a free 21-day trial subscription:
In his recent commentary on PMC Sierra, McWilliams wrote: “I don't think there is any direct connection between poor results from Ericsson and weakness in PMC-Sierra’s stock beyond the possible concern that the general tide of demand may be rising more slowly than was broadly expected only a month or so ago. However, if that is the shadow being cast over PMC-Sierra, I think the market is reading the message wrong..."
McWilliams also looks at these topics:
-- Is Micrel’s new solar initiative likely to lead the company to higher profits?
-- Might investors interested in SunPower be better off buying Cypress as a proxy?
-- Why does McWilliams think Wall Street is wrong about PMC Sierra?
-- The price of Ciena has gone up over 150% since McWilliams called it a buy a couple years ago. What does he think has weighed on the stock price recently and does he see this as a good buying opportunity?
-- Does McWilliams think it’s a good time to buy Corning?
Founded in September 2002, Next Inning's model portfolio has returned 309% since its inception versus 101% for the Nasdaq.
About Next Inning:
Next Inning is a subscription financial newsletter focused on technology stocks. Editor Paul McWilliams is a 20+-year 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.
Marcie Martin, +1-888-278-5515