RIMM will go UP
$163.90 on 12/18/08
$73.06 (-49.09% from time of market call)
$118.25 (-17.61%) on 7/07/08
RIMM is a great buy and hold for the next several months. The producer of the popular BlackBerry smartphone has seen a growth in revenues and sales despite the release of the newest version of the iPhone. As RIMM sees an increase in market share, due to a superior and popular product as well as a decline in sales for smartphone giant Nokia, investors will catch on to this strong stock with solid growth potential in the high-growth smartphone industry. Buy this stock now while it lulls in the wake of the iPhone and reap the rewards as RIMM's great year-over-year growth pattern continues.