Jim Cramer's Mad Money Review

This site is dedicated towards tracking Jim Cramer's stock picks on his TV show Mad Money. Read about and discuss Jim Cramer's ability to move markets. Be ahead of the stock market. Get the news before its news.

Friday, September 29, 2006

Research In Motion (RIMM) Gets Upgraded, Stock Soars

Shares of BlackBerry maker Research In Motion Ltd. (RIMM), hit a 52-week high on Friday as analysts upgraded the stock after the company posted strong second-quarter results and forecast more of the same. RIMM reported results on Thursday evening. Not only did its performance beat its own forecasts and analyst expectations, but the company forecast third-quarter results that analysts variously described as "huge," "spectacular" or "phenomenal." Spurred by strong initial sales of its new, consumer-aimed BlackBerry Pearl device, RIMM predicted that during the third quarter it should be able to add another 800,000 subscribers to its current 6.2 million. This stock has gained huge momentum and is financially set to explode. Get into this stock while it is still afordable. This is an incredible money making opportunity.

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