NEW YORK ( TheStreet) - Smartphones are hot, and so are their stock prices. Here are five to watch in the coming months.
Research In Motion ( RIMM) is still the biggest player in the U.S. smartphone market thanks to the popularity of its BlackBerry phones. But the market started to get a little crowded in 2009 and RIM shares were pushed aside a bit. The numbers. RIM's run as the trusty email tool for business users and an increasing number of non-business emailers has been challenged by a host of new devices. Even so, RIM managed to hold on to its No.2 market spot, raking in 21% of the worldwide market. Leader Nokia ( NOK) fell to 39% from 42% a year ago. The stock. RIM shares are up a respectable 44% this year, but lagged the pack by a wide margin. In an era of touchscreen-driven, swipe-and-poke software, the current device trend threatens to leave the BlackBerry behind unless RIM adapts quickly.
Research In Motion