This Day On The Street
Continue to site
ADVERTISEMENT
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

Price Momentum Rises for Research in Motion

Other stocks in the telecommunications industry:

American Tower has a B financial strength and is rated A- by TheStreet. Revenue is expected to be up 11.40% next year and earnings to increase by 18.28% annually for the next 5 years.

Crown Castle has a B financial strength and is rated B by TheStreet. Analysts project revenue to be up 6.50% next year and earnings to increase by 20.45% annually for the next 5 years

SBA Communications has a C++ financial strength and is rated C by TheStreet. Revenue is predicted to be up 25.10% next year and earnings to increase by 17.00% annually for the next five years.

Conclusion: RIM is not a stock with great fundamentals, but the recent price momentum signals pessimism may have depressed the price more than warranted.

It's hard to ignore a company with expected revenue of $11 billion. This is not an investment for conservative investors but traders willing to take a speculative position should benefit over the short run.

There are over 95 million shares sold short at over seven days trading activity that will need to be covered if the upward price momentum persists. Play the moving averages and turtle channels to know when to get out:

At the time of publication, the author held no positions in any of the stocks mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AMT $94.40 -0.80%
CCI $82.30 0.43%
SBAC $112.72 -0.02%
AAPL $131.89 -0.12%
FB $80.32 -0.29%

Markets

DOW 18,130.32 -32.67 -0.18%
S&P 500 2,120.45 -3.03 -0.14%
NASDAQ 5,095.6890 -10.9040 -0.21%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs