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Research in Motion (RIMM) still has room for growth

 Aug 17, 2009 04:00 PM UTC
Return Risk
+5.21% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
RIMM Positive 08/17/09 -0.64% 10/09/09

Graphic_arrow1 Via BloggingStocks:  

Filed under: Newsletters, Research in Motion (RIMM), iPhone, Stocks to Buy

"By 2017, wireless service providers could generate more than $100 billion from services such as text messaging, GPS and movie, and music downloads " says Roger Conrad.


In Personal Finance, he adds, "Even this forecast could prove extremely conservative thanks to an explosion in sales of smartphones." How to play this trend? Here, he looks at Research in Motion (NASDAQ: RIMM).


"Smartphones account for only 11% of the world's mobile handsets; penetration remains under 20% in the U.S. This leaves plenty of room for further growth.

Continue reading Research in Motion (RIMM) still has room for growth

Research in Motion (RIMM) still has room for growth originally appeared on BloggingStocks on Mon, 17 Aug 2009 11:00:00 EST. Please see our terms for use of feeds.

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