Sarasota, FL (PRWEB) September 20, 2007
The StockPicking.com stock alert newsletter is reporting today, September 20, 2007 that it has completed its valuation research on Research In Motion (Nasdaq: RIMM) and found that its valuation is still a compelling one.
"Pushing into emerging markets, Research In Motion looks to have a considerable amount of growth ahead of it", stated a StockPicking.com spokesperson. Just a few days ago, the stock was trading at $82.70 a share at the time of the newsletter's research and alert to its subscribers. In the report, the newsletter stated that trading at 30.74 times next year's earnings estimates and with an estimated 27.86% a year growth rate over the next 5 years, the stock is trading at just over one time its annual growth rate with a PEG ratio of 1.10. The newsletter went on to report that on a valuation basis the stock still looks like a good value and will likely continue to move higher. Last check, the stock has done just that and has moved as high as $91.20 a share.
The newsletter is also reporting that it has completed its research on Ctrip.com International, Ltd. (Nasdaq: CTRP) and alerted the stock to subscribers at $42.59 a share. The newsletter stated the stock is growing at a strong pace that should continue for some time due to business travelers from around the world and the upcoming Olympic games. Last check Ctrip.com's stock has moved higher to $48.44 a share since the newsletter's timely alert.
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StockPicking.com is not a registered broker/dealer and the newsletter's stock alerts are not a solicitation or recommendation to buy, sell or hold securities. StockPicking.com, its employees or affiliates are not compensated by the companies highlighted. The material in this release is intended to be strictly informational and is the sole opinion of StockPicking.com. These opinions may change at any time without notice. Although the information is believed to be correct, the accuracy or completeness of the information is not guaranteed or warranted. StockPicking.com disclaims any and all liability as to the completeness, accuracy or possible omissions of the information contained herein. Due to risk involved, investment or stock trading decisions should be discussed with a registered broker or financial adviser. StockPicking.com is not liable for any investment decisions made by its subscribers, trial subscribers or readers.