This Week's Tech Earnings Winners and Losers: Anadigics, Dell, Avago, Marvell and More

Indie Research

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 307% since 2002, over six times the return of the S&P 500.

In its upcoming earnings preview, Next Inning looks at several popular stocks, including Brocade Communications (NASDAQ: BRCD - News), Dell (NASDAQ: DELL - News), Anadigics (NASDAQ: ANAD - News), Analog Devices (NYSE: ADI - News), Avago Technologies (NASDAQ: AVGO - News), Hewlett-Packard (NYSE: HPQ - News), Marvell Technology (NASDAQ: MRVL - News) and OmniVision Technologies (NASDAQ: OVTI - News).

Here is just a tiny sample of what Editor Paul McWilliams wrote about Anadigics:

"I've always presented Triquint Semiconductor (NASDAQ: TQNT - News) as more of a cornerstone investment, and Anadigics as a good, but high-risk investment that merits consideration as a good pairing with TriQuint.

"This explains some of the factors that led to the collapse in the prices of Anadigics and TriQuint. While the factors that led to both Anadigics and TQNT being substantially oversold have subtle similarities, the company-specific rebound drivers have been clearly different. In short, as I reported when the Apple (NASDAQ: AAPL - News) iPhone 4S was released, it contains two chips from TriQuint. Anadigics is not used at all in the iPhone. The point here is while TriQuint enjoyed the strength of iPhone sales during its December ending quarter, Anadigics will not see any benefit.

"While Anadigics will not see any upside from the iPhone, it has been building share at Samsung, including a recent design win in the Samsung Galaxy Nexus. While not as substantial as Apple's growth, Samsung also reported very strong results for calendar Q4 2011. This, and the fact Anadigics should be reasonably close to reporting a flip from losses to profits, are the primary company-specific factors that I believe are most responsible for its price increase..."

Just a few of the correct calls Next Inning has already made this earnings season include:

  • to be bullish on Apple ahead of earnings. (up 25% year to date)
  • to be bullish on VMware (NYSE: VMW - News) ahead of earnings. (up 20% year to date)
  • to be bullish on EZChip Semiconductor (NASDAQ: EZCH - News) ahead of earnings. (up 31% year to date)

The Next Inning model portfolio is up 25% year to date versus 8% 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.

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