PRINCETON, N.J., May 5, 2008 (Business Wire) -- Next Inning Technology Research (http://www.nextinning.com), a subscription service focused on semiconductor and technology stocks, announced it has updated outlooks for ON Semiconductor (Nasdaq: ONNN), Anadigics (Nasdaq: ANAD), Skyworks Solutions (Nasdaq: SWKS), RF Micro Devices (Nasdaq: RFMD), and Cree (Nasdaq: CREE).
This has been a very profitable earnings season for Next Inning readers. Editor Paul McWilliams suggested that his readers consider buying Flextronics, Microchip and NetLogic ahead of their earnings reports. Investors interested in what he has to say about the tech companies reporting today are invited to take advantage of our 21-day free trial offer:
https://www.nextinning.com/subscribe/index.php?refer=bw668
In his report on worldwide semiconductor sales, McWilliams wrote: "As I described in my early spring 2007 reports on Cree, there are a series of 'knees' in the demand curve for LED lamps that will start tripping this year and continue to trip during the next two or three years until such a time that LED lamps are widely accepted as replacements for incandescent bulbs. I've read numerous reports as to the size of the worldwide market for incandescent bulbs and some vary widely, but I think it's safe to suggest we're looking at tens if not hundreds of billions of bulbs purchased every year..."
McWilliams also looks at these topics:
-- Cree is up roughly 60% from where McWilliams first alerted subscribers to an emerging opportunity in the stock. Ahead of Cree's quarterly report McWilliams anticipated the price would weaken and suggested that readers prepare to buy on the weakness following the report. Now that the price of Cree has dropped over 15%, does he think the price is justified by the value? Can Cree compete with big players like GE and Phillips or is it more likely to be acquired by one of these lighting giants?
-- ON Semi is up about 38% from McWilliams' recommendation in late March that subscribers consider investing in it. Should investors now hedge these gains? Does McWilliams see long-term upside from here?
-- Anadigics has gained roughly 75% and Skyworks 25% in the last month after McWilliams suggested both stocks were being overly discounted for risk. Should investors now consider taking profits, hedging with options, or staying long in these stocks?
-- After McWilliams noted that Wall Street was ignoring positive developments at RF Micro, the stock has moved 30% higher. Does McWilliams see long-term potential for the stock or was this just a short-term rebound?
Founded in September 2002, Next Inning's model portfolio has returned 220% since its inception versus 91% 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.
