Cramer: Why It’s Not Too Late to Buy Apple Published: Monday, 2 May 2011 | 7:43 PM ET Although trading at roughly $345 a share, Cramer said Monday Apple’s stock is “way too cheap.” After all, the “Mad Money” host thinks the technology stock could soon go to $400. “I know you can be intimidated by the fact that Apple has…
We added RIMM to our Favored Stocks list, AFTER their earnings call recently. Yesterday, less than a month after their earnings, they came out with interim sales and guidance warnings. They also explained its a company in transition. Did they not know this during the recent earnings call? The shares are down 14% from yesterday. We still believe in RIMM long…
We are adding RIMM to our favored stock list with an initial target of $80.00 per share. This is also the target price that Smith Barney has for the company’s shares as well. With the earnings currently achieved and estimated, the shares would trade at only 10 times earnings at $80.00 per share. The article below from Barrons this weekend…
Purchased RIMM originally in the mid 50′s. Sold it out about there when the Playbook was “Launched” publicity wise, the thinking behind the sale was that as the Playbook was not coming until sometime in the end of the first quarter 2011, it needed time to be actually seen and demonstrated. Also just a ‘sell the news situation and wait’…
I have been reading much lately about RIMM and some potential issues with their Blackberry Messenger chat service in the middle east. Saudi Arabia and some other countries are concerned that they can not ‘monitor’ their people as easy as they want to as a result of the security of the Blackberry Messenger service, and the servers being located in…
The markets today were actually acting well after Obama finally stopped speaking, even going positive on the day. It was an amazing sight to see Obama, Dodd, and Frank there for the signing of the Obama Financial Reform Bill. These are the people who LOOTED America to the tune of $3.7 Trillion and here they are there proudly standing there…
I put a post up last week saying I thought Steve Jobs did a good job handling the Antenna issue. After thinking on it, I have to retract this and say that I truly believe that Apple has not come clean and they were not up front and remain so. Please read the RIMM response below. When Apple and Jobs…
Hi I was talking to my friend Fred tonight and he told me it looks like it may possibly be the right time, on a bounce from here, to book a few profits and then buy again on any dip or weakness. Also, do not underestimate RIMM. This is a great company and it should trade higher in the future.…
In my honest opinion, now after using the iPhone 4 and the Blackberry Bold: The Blackberry Wins for me. Better email. Better typing. Better signal. Better call quality. Better texting. BETTER Messaging- you can not beat the Blackberry Messenger and its Free World Wide Service that can save thousands on a trip. Better Data plans and Faster Data as it…