Top Tech Analyst Publishes Investor Updates With Newly Revised
Outlooks for Analog Devices, Linear Technologies, Texas
Instruments, Maxim Integrated Products, and Microchip Technology
PRINCETON, N.J., Nov. 27, 2012 /PRNewswire/ -- Next Inning
Technology Research (http://www.nextinning.com), an online
investment newsletter focused on technology stocks, has published
updated outlooks for Analog Devices (Nasdaq: ADI), Linear
Technologies (Nasdaq: LLTC), Texas Instruments (Nasdaq: TXN), Maxim
Integrated Products (Nasdaq: MXIM) and Microchip Technology
(Nasdaq: MCHP).
So far, the roadmap Editor Paul
McWilliams laid out for 2012 has been extremely
accurate. In March, just two days before the market peaked
and began its over two-month slide, he warned Next Inning readers
that stock prices were peaking and a correction was headed our
way. Following this, once the markets bottomed, he predicted
we would see prices rally through the Q2 earnings season. As
it turned out, this was one of the strongest rallies the market has
seen in a very long time.
However, following the close on September
14, 2012, McWilliams published an updated Strategy Review
and, in that, predicted again that the markets were due for another
drop ahead of the November election. This time he nailed the
year-to-date high to the day. If you are a tech investor,
you'll want to be sure to read what McWilliams predicts will happen
next.
McWilliams spent a decades-long career in the technology
industry and has earned a reputation for his skill in communicating
complex technology trends to individual investors and professional
analysts alike. His reports have won over readers with their
ability to unravel the complexities of the industry and, more
importantly, identify which companies are likely to be the winners
and losers as technology trends change.
To get ahead of the Wall Street curve and receive Next Inning's
in depth earnings previews for free, 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=prn1496
In his quarterly earnings preview for Analog Devices, McWilliams
takes a deep dive into the world of "high-value" analog integrated
circuits. Here he evaluates Analog Devices, Linear
Technology, Maxim, Microchip and Texas Instruments.
There are a number of common threads that tie these companies
together with market valuation being the most obvious. Even
though TI is going through a significant business model transition
at this time and is actually a highly diversified semiconductor
company, it still trades at a price-to-sales ratio of 2.6 to 1,
nearly 50% above Intel's ratio of 1.8 to 1.
However, when we look at the niche players in the sector we can
see price to sales ratios there run as high as 5.8 to 1; Analog
Devices comes in second in this category at 4.5 to 1.
According to McWilliams, there are four distinct reasons why these
high-value analog companies are valued so richly by Wall
Street.
Some pundits claim that digital semiconductor companies and the
deep penetration of microcontroller technology into the perennial
strongholds for analog ICs will eat into the market for high-value
analog. While McWilliams acknowledges there is no stopping the
march of Moore's Law and that it
captures new analog functions every year, he says there is a flip
side to the coin that is often ignored.
In his special preview for Analog Devices, McWilliams explains
this flipside and digs deeper into a number of questions investors
in the high-value analog IC sector need to evaluate:
-- What is TI in the midst of changing in its business model and
how does that threaten the four classic high-value analog IC
companies discussed above? Are any of the four threatened to
the degree that McWilliams would avoid the stock?
-- Which of the five companies are trading far enough below what
McWilliams considers to be a "full value" price that investors
should consider buying shares today?
-- What is the paradigm all analog companies face that
McWilliams calls the "Evolutionary Path of Analog" and why does it
threaten companies that are not prepared to deal with its
reality?
-- What are the four unique factors that set Analog Devices
apart from the other four companies? Does McWilliams think
Analog Devices is the most underestimated and undervalued of the
five companies? What three vertical markets does McWilliams
think will drive growth above expectations at Analog Devices going
forward? Does McWilliams think near-term expectations from
the analysts covering Analog Devices are realistic? What does
McWilliams view as a full value price for Analog Devices and the
other four high-value analog IC companies?
Founded in September 2002, Next
Inning's model portfolio has returned 213% since its inception
versus 55% 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