Faster networks will also help RIM

Article Excerpt

RESEARCH IN MOTION LTD. $63 (Toronto symbol RIM; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 521.8 million; Market cap: $32.9 billion; Price-to-sales ratio: 1.8; No dividends paid; TSINetwork Rating: Above Average; www.rim.com) should see greater demand for its BlackBerry smartphones as a result of improvements to the speed and geographic reach of wireless networks in Canada. As well, faster wireless connections improve the prospects for RIM’s upcoming PlayBook tablet computer. This device faces strong competition from the Apple iPad, which accounts for about 90% of tablet sales. However, the PlayBook’s ability to share data with BlackBerry phones should give it an advantage. Research in Motion is a buy. buy…