View Single Post
coldstart coldstart is offline
Registered
 
Join Date: Feb 2005
Location: Canada
Posts: 1,214
Apple is a great company that has a lot of hype.

That said, its share price is unlikely to double or significantly increase much more. How many people can buy the same one phone and the same one tablet. Doesn't anyone want to be unique?

Personally, I like beaten down stocks that have the ability to double, triple or even quadruple. In the tech sector, RIM (ticker: RIMM) the maker of Blackberry phones is down almost 95% from its peak. It has six new phones, a new operating system (BB10) and a new set of enterprise servers all coming out around January 2013. For under $7 per share, it is a steal with a market cap of around $4 billion.

RIM has:
(1) NO debt;
(2) has $2.2 billion in cash reserves!
(3) owns $2.5 billion in patents;
(4) 78 million BB users;
(5) owns its buildings/real estate; and
(6) a great enterprise server business.

Plus the stock market guru, the Warren Buffet of Canada, just bought a huge chunk of the company (10%, averaging down). I think it is a better buy than Apple even though the media is harsh on anything RIM.

It may just be that I am Canadian and everyone here is a Crackberry addict.....
__________________
1972 911T targa

Last edited by coldstart; 08-24-2012 at 12:57 PM..
Old 08-24-2012, 12:53 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #7 (permalink)