1 Tech Stock's Surprising Upgrade
Nov 26th 2012 6:54PM
Updated Nov 26th 2012 6:58PM
The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jason Moser and Joe Magyer, discuss the top business and investing stories.
In this segment, the guys discuss the Canadian Imperial Bank of Commerce's (CIBC) surprising upgrade of Research In Motion (NAS: RIMM) , Canadian smartphone makers of the BlackBerry, to the status of "outperformer," stating that it believes the stock is materially undervalued. We hear Chris, Jason, and Joe give their opinions as to what the investment thesis could be that CIBC is considering to come out with such a surprising shift in position.
Much of Research In Motion's pain recently has come from seeing its market share dwindle away as consumers drift toward companies such as Apple. There is absolutely no argument that Apple is at the center of technology's largest revolution ever, and that longtime shareholders have been handsomely rewarded with more than 1,000% gains. However, there is a debate raging as to whether Apple remains a buy. The Motley Fool's senior technology analyst and managing bureau chief, Eric Bleeker, is prepared to fill you in on both reasons to buy and reasons to sell Apple, and what opportunities are left for the company (and more importantly, your portfolio) going forward. To get instant access to his latest thinking on Apple, simply click here now.
The article 1 Tech Stock's Surprising Upgrade originally appeared on Fool.com.Chris Hill and Jason Moser have no positions in the stocks mentioned above. Joe Magyer owns shares of Google. The Motley Fool owns shares of Apple and Google. Motley Fool newsletter services recommend Apple and Google. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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