RIM
FAIRFAX FINANCIAL HOLDINGS $417.01 (Toronto symbol FFH: TSINetwork Rating: Average) (416-367-2612; www.fairfax.ca; Shares outstanding: 19.9 million; Market cap: $8.3 billion; Dividend yield: 2.4%) now owns 5.12% of Research in Motion, symbol RIM on Toronto. RIM is a recommendation of our Successful Investor newsletter.
RIM has appointed Thorsten Heins as its new chief executive officer and a director of the company. Previously, …read more »
These tech stocks are well below their 2011 highs. However, all have strong balance sheets and rising research spending that will help them compete in their rapidly changing industries. Even so, they will likely remain highly volatile, so they should only account for a small portion of your portfolio.
RESEARCH IN MOTION INC. $16 (Toronto symbol RIM; Aggressive Growth Portfolio, Manufacturing …read more »
RESEARCH IN MOTION INC. $27 (Toronto symbol RIM; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 524.1 million; Market cap: $14.2 billion; Price-to-sales ratio: 0.7; No dividends paid; TSINetwork Rating: Above Average; www.rim.com) has dropped by 50% since March 2011, and now trades at a low 5 times earnings. That’s mainly because the company has run into delays in …read more »
RESEARCH IN MOTION INC. $53 (www.rim.com) has agreed to license over 30,000 patents from Intellectual Ventures, a privately held U.S. company. RIM did not say how much it is paying, but the deal will help protect it from patent-infringement lawsuits. These patents should also help RIM add new features to its BlackBerry smartphones, or develop new products, such as its …read more »
RESEARCH IN MOTION LTD. $63 (Toronto symbol RIM; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 521.8 million; Market cap: $32.9 billion; Price-to-sales ratio: 1.8; No dividends paid; TSINetwork Rating: Above Average; www.rim.com) should see greater demand for its BlackBerry smartphones as a result of improvements to the speed and geographic reach of wireless networks in Canada.
As well, faster …read more »
RESEARCH IN MOTION LTD. $63 (Toronto symbol RIM; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 521.8 million; Market cap: $32.9 billion; Price-to-sales ratio: 1.8; No dividends paid; TSINetwork Rating: Above Average; www.rim.com) is best known for its BlackBerry smartphones and other wireless devices. There are now over 55 million BlackBerry users in 175 countries. RIM gets 80% of …read more »
