Earnings season is upon us in the tech sector. What should investors expect from these reports? What are the key storylines to follow and are these stocks likely to trade higher or lower in the wake of their results?
In NextInning.com's earnings previews, available free to trial subscribers, key storylines are evaluated, analyst expectations are audited, and in depth valuation analyses are provided to develop fair value ranges for dozens of stocks. Next Inning's model portfolio has returned 230% since 2002, more than three times the return of the S&P 500.
In its latest earnings preview, Next Inning looks at several popular stocks, including Apple (AAPL), Cree (CREE), ARM Holdings (ARMH), Juniper Networks (JNPR), RF Micro Devices (RFMD), VMware (VMW), EMC (EMC), Fusion-io (FIO), Corning (GLW), Qualcomm (QCOM), Cirrus Logic (CRUS), Triquint Semiconductor (TQNT), Skyworks Solutions (SWKS) and Alcatel-Lucent (ALU).
Here is just a tiny sample of what Editor Paul McWilliams wrote about Apple:
"The short story on Apple is I was an unabashed and often outspoken bull on the stock for roughly 10 years until first suggesting that investors sell the majority of their holdings in early 2012 when the stock pushed into the $600s, and reiterating that opinion last fall when the stock moved above $700. These exit points represented profits in excess of 7,000% for investors who bought at the split-adjusted entry price of $9.56.
"Following the first alert to sell Apple last year I also adjusted my classification of Apple from 'strategic' to 'speculative.' You can read a description of those terms at the front of the company commentary section in our Q1 2013 State of Tech report.
"The question now is will Apple continue to melt away the value of its model or rebound with exciting new products that leverage Apple's core ecosystem?"
What's next for Apple? McWilliams' earnings preview identifies whether it's now time to buy or sell.
The Next Inning model portfolio is up 230% since its inception versus 71% for the S&P 500. Click here to start your free 21-day trial membership to Next Inning Technology Research and get McWilliams' in depth reports, earnings previews, and real-time trade alerts.
- Information Technology