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Research In Motion Ltd (BBRY): Today's Featured Technology Winner
By TheStreet Wire -?06/18/13 - 5:00 PM EDTTickers in this article:?BBRYEditor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our modelResearch in Motion?(BBRY) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day up 1.0%. By the end of trading, Research in Motion rose $0.54 (3.8%) to $14.84 on average volume. Throughout the day, 31,681,239 shares of Research in Motion exchanged hands as compared to its average daily volume of 31,857,100 shares. The stock ranged in a price between $14.26-$15.00 after having opened the day at $14.32 as compared to the previous trading day's close of $14.30. Other companies within the Technology sector that increased today were:?Applied Micro Circuits Corporation?(AMCC), up 20.0%,?Vitesse Semiconductor?(VTSS), up 19.6%,?Net Element International(NETE), up 16.9% and?Datawatch Corporation?(DWCH), up 16.7%.EXCLUSIVE OFFER: Jim Cramer's Prot?g?, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a?14-day FREE pass.Research In Motion Limited, doing business as BlackBerry, engages in the design, manufacture, and marketing of wireless solutions worldwide. Research in Motion has a market cap of $7.6 billion and is part of the telecommunications industry. Shares are up 21.7% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Research in Motion a buy, 13 analysts rate it a sell, and 8 rate it a hold.TheStreet Ratings rates Research in Motion as a?sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and weak operating cash flow.
