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 283% since 2002, nearly six times the return of the S&P 500.
In its latest earnings preview, Next Inning looks at several popular stocks, including Apple (AAPL - News), Taiwan Semiconductor (TSM - News), United Microelectronics (UMC - News), Xilinx (XLNX - News), Alcatel-Lucent (ALU - News), Applied Micro Circuits (AMCC - News), Benchmark Electronics (BHE - News), Hittite Microwave (HITT - News), Maxim Integrated Products (MXIM - News), MIPS Technologies (MIPS - News), NXP Semiconductors (NXPI - News), Skyworks Solutions (SWKS - News) and Tellabs (TLAB - News).
Here is just a tiny sample of what Editor Paul McWilliams wrote about NXP:
"After I suggested selling NXP in the spring of 2011 when the price moved above $30, I wrote last fall there was room to speculate when the price dipped into the mid-teens.
"I was amazed when Wall Street pushed the price of NXPI into the mid-$30s based mostly on its first mover status with Near Field Communications (NFC) chips. What was obvious to me then was virtually every chip company selling into the smartphone market would soon have not just a NFC solution, but highly integrated solutions that NXP couldn't match. We've since seen chips introduced by some of the competitors I mentioned back then that include NFC as a feature in chips that also include WiFi, Bluetooth, a FM receiver, and GPS.
"Setting aside all the NFC hype that pushed NXP to unrealistic levels last spring, the company is actually executing pretty well. However, even though NXP has restructured its debt, it remains massive..."
The Next Inning model portfolio is up 15% year to date versus 9% 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.