This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Investment Ideas From Wall Street: Jan. 24

Stocks in this article: TIF RIMM VMW AMGN

2) Same Old for RIMM

Old problems continue to haunt Blackberry maker Research in Motion (RIMM). Now that the company has announced the resignation of co-CEOs Mike Lazaridis and Jim Balsilie, and the appointment of insider Thorsten Heins from COO for Product and Sales to head honcho, what's changed? Not much, says Goldman Sachs. Analysts say the company's strategy remains uncertain.

However, given that that company has missed six out of the last eight quarters, lost half its market share, and more than 75% of its market capital in the last two years, Goldman Sachs says the corner office change is a near-term positive. The firm speculates that a sale of the company may be a greater likelihood, noting that Heins has suggested an interest in licensing the BlackBerry 10 OS. Another upside if that the new CEO may get aggressive in cost reduction.

Some investors want a break-up of RIM, which has struggled to compete against rivals Apple (AAPL) and Google (GOOG). In a conference call Monday, Heins said that he would not split the company, although he said that he was open to licensing-partnership offers.

"Past the initial reaction in the stock, we would be cautious, as new CEOs often reset guidance lower in the first quarter to more achievable levels," writes Goldman Sachs, which is keeping its one year price target on RIM at $14 a share.

Research in Motion dropped more than 8% on Monday to $15.56 a share.

2 of 5

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs