A few months ago I wrote an article called “49 app stocks that should go up huge and one that won’t” and the whole article was about how I thought Research-in-Motion was doomed despite being so seemingly well-positioned to benefit from the fastest growing sector in the history of business — the app/smartphone/tablet/cloud revolution. The 49 app stocks besides RIMM that I … [Read more...] about A few months ago I wrote an article call…
rimm
It’s a flattish open, but the story of t…
It's a flattish open, but the story of the day is the 15% drop, the crushing of RIMM. I've kept us out of RIMM and even had it as a short position in the Revolution Investing model portfolio last year before I started trading again where we rode it down from over $100 to some big profits before covering. Microsoft is down a couple percent after reporting a strong quarter, but … [Read more...] about It’s a flattish open, but the story of t…
Celestica also reported some very strong…
Celestica also reported some very strong fundamental numbers this morning. This stock is one of the cheapest stocks I can find -- even after today's pop, it's cheaper because the fundamentals are going up even faster than the stock price. Here's the scoop on the numbers today, from Briefing again: InPlay: Celestica beats by $0.02, reports revs in-line; guides Q2 EPS, revs … [Read more...] about Celestica also reported some very strong…
Social butterfly. Social security. Soc…
Social butterfly. Social security. Social drinking. Social smoker. Social sciences. Social distortion. Let’s talk social for a minute because it’s one of the key drivers in all things related to tech, media, and advertising. First off, let’s touch on this Wedbush report I got in my inbox today that says we’ve entered a brand new phase of business on this planet — ” The … [Read more...] about Social butterfly. Social security. Soc…
Why is the market willing to pay a highe…
Why is the market willing to pay a higher multiple for Oracle that it is willing to pay for Research in Motion when Oracle is growing slower than Research in Motion? Oracle grew its topline 29% year over year in the quarterly report they just issued last night and is today trading at a 14x P/E ratio. Meanwhile, RIMM grew its topline some 36% year over year in the quarterly … [Read more...] about Why is the market willing to pay a highe…
Steady opening this morning, as the mark…
Steady opening this morning, as the markets (rightly?) focus on Oracle and Accenture being better indicators of corporate earnings momentum than RIMM. RIMM, loses marketshare, but still grew their topline more than 30%, all because it happens to be in the fastest growing market in the history of the planet -- smartphones/tablet/app revolution. Regardless, we want to stick … [Read more...] about Steady opening this morning, as the mark…
The market must not have read my morning…
The market must not have read my morning note about expecting it to stay mostly flat all day today, as the steady strength in most stocks built upon itself throughout the day and we ended near the highs with tech leading the way. After hours RIMM, a 2/10 Revolution Investing rated stock from my 50 Stocks for the App Revolution report and a stock I have warned readers about for … [Read more...] about The market must not have read my morning…