Research In Motion Limited (USA) ($RIMM) Possible Buy to $20 Confident Investor Rating: Good

Company name Research In Motion Limited (USA)
Stock ticker RIMM
Live stock price [stckqut]RIMM[/stckqut]
P/E compared to competitors Good
Employee productivity Fair
Sales growth Good
EPS growth Good
P/E growth Poor
EBIT growth Good
Confident Investor Rating Good
Target stock price (TWCA growth scenario) $20.03
Target stock price (averages with growth) $54.43
Target stock price (averages with no growth) $72.7
Target stock price (manual assumptions) $17.96

The following company description is from Google Finance:

Research In Motion Limited (RIM) is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market. RIM provides platforms and solutions for access to information, including e-mail, voice, instant messaging, short message service (SMS), Internet and intranet-based applications and browsing. RIM’s portfolio includes the BlackBerry wireless solution, the RIM Wireless Handheld product line, software development tools and other software and hardware. On June 2, 2010, Harman International sold its software operating systems unit, QNX Software Systems, to the Company. On March 25, 2011, RIM purchased 100% of the shares of a company whose technology is being incorporated into the Company’s developer tools. On April 26, 2011, the Company purchased certain assets of a company whose acquired technologies will be incorporated into the Company’s products. In June 2011, the Company acquired Scoreloop.

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in this stock as long as the price is correct. Most of the fundamentals of this company are good, in fact the company ranks as a Good company, but there are some concerns with the price of the stock. Most notably, it has really been beaten up by its competitors and may not be able to survive as a stand-alone company much longer. One of the reason’s it still has a Good Confident Investor Rating is because the P/E is so low compared to its competitors which in turn begs the question if the company is really still viable.

While the company has a Good rating, I have removed it from my Watch List.

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