These two techs are still worth holding

Article Excerpt

These two technology stocks have dropped sharply in the past year. RIM is facing strong competition from other smartphone makers, while Nordion is having trouble lining up new medical isotope supplies. Still, their strong balance sheets make them worthwhile holds. RESEARCH IN MOTION LTD. $12 (Toronto symbol RIM; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 516.4 million; Market cap: $6.2 billion; Price-to-sales ratio: 0.4; No dividends paid; TSINetwork Rating: Above Average; www.rim.com) has gained over 96% since it fell to $6.10 on September 24, 2012. That’s mainly because the company confirmed it will launch smartphones that use its new BlackBerry 10 software on January 30, 2013. These devices will help RIM compete with Apple’s (Nasdaq symbol AAPL) iPhone and phones powered by Google’s (Nasdaq symbol GOOG) Android software. The U.S. government has also approved BlackBerry 10 software for use by its agencies. This will help RIM hang on to its current government clients. However, slowing demand for RIM’s current phones continues…