PRINCETON, N.J., June 25 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com/), an online investment newsletter focused on semiconductor and technology stocks, announced it has updated outlooks for Cavium Networks (NASDAQ:CAVM), PMC-Sierra (NASDAQ:PMCS), Qualcomm (NASDAQ: QCOM), QLogic (NASDAQ:QLGC) and Silicon Laboratories (NASDAQ:SLAB). Editor Paul McWilliams has helped his subscribers generate huge returns on undervalued tech stocks in 2009. Out of the 80 stocks highlighted in his Undervalued Tech Stocks reports, 21 have produced returns in excess of 70% year to date. All of these were ranked as either good "strategic" or "speculative" buys. The average return for all stocks ranked as either "speculative" or "strategic" buys was 40.7%, better than twice the return of stocks he thought readers should avoid. McWilliams now turns his attention to his quarterly State of Tech reports. In this exclusive series of reports, McWilliams offers data, charts, and analysis that illustrate important tech paradigms and highlight important trends that will move stocks during the upcoming quarter. To read McWilliams' State of Tech series that is designed to prepare investors for the July earnings season, please accept our invitation to take a free 21-day, no risk test drive with Next Inning by visiting the following link: https://www.nextinning.com/subscribe/index.php?refer=prn838 McWilliams covers these topics and more in his most recent report: -- Should investors in Cavium consider swapping their shares for shares of NetLogic following NetLogic's announced acquisition of RMI? Is Cavium too richly valued at current prices? -- Six months ago, when PMC-Sierra was trading at $4.15, McWilliams told subscribers that he expected the stock to double in price before the end of 2009. With the stock now up 97% from his call to buy, does he think it's time to raise the target or take some profits? -- In December, McWilliams alerted investors that Qualcomm was trading at a rare "bargain" price. The stock has since moved up by 35%. What is McWilliams' target price for the stock and at what price would he recommend adding shares of the stock? -- In which two critical areas is QLogic leading the industry? Is the stock worth a second look at its current price? -- Six months ago, McWilliams suggested that Next Inning readers buy Silicon Labs. Following its steep run higher over the last few months, is it time for investors to hedge profits with covered calls or simply sell and take profits? Founded in September 2002, Next Inning's model portfolio has returned 167% since its inception versus 0% 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 DATASOURCE: Indie Research Advisors, LLC CONTACT: Marcia Martin, Next Inning Technology Research, +1-888-278-5515 Web Site: http://www.nextinning.com/

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