Several times a year, a Confident Investor must reevaluate the companies in the portfolio. Keeping your money in a stock that no longer qualifies as a “Good” company can end up hurting your investment performance a great deal. Also, there are a lot of Good Companies so losing the worst of the best is not going to impact the ability to have a balanced portfolio. Over the coming days, this site will evaluate each stock on the Watch List.
|Company name||Research In Motion Limited (USA)|
|Live stock price||[stckqut]RIMM[/stckqut]|
|P/E compared to competitors||Good|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$74.27|
|Target stock price (averages with growth)||$131.92|
|Target stock price (averages with no growth)||$127.32|
|Target stock price (manual assumptions)||$57.97|
The following company description is from Google Finance: http://www.google.com/finance?q=rimm Research In Motion Limited (RIM) is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, RIM provides platforms and solutions for seamless access to time-sensitive information, including e-mail, phone, short message service (SMS), Internet and intranet-based applications. RIM?s portfolio of products, services and embedded technologies are used by organizations worldwide and include the BlackBerry wireless solution, the RIM Wireless Handheld product line, software development tools and other software and hardware. Its subsidiaries include Research In Motion Corporation, Research In Motion UK Limited and RIM Finance, LLC. On June 2, 2010, Harman International sold its software operating systems unit, QNX Software Systems, to the Company.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.