Powerful Brands Return Big Profits For Investors
By buying the best brand stocks in the market today investors are returning big profits, outperforming the S&P 500 by nearly 60% since 2000.
By buying the best brand stocks in the market today investors are returning big profits, outperforming the S&P 500 by nearly 60% since 2000.
Research in Motion forewarned investors that earnings would be on the low end of expectations causing the stock to sell off 15%. Bears have now retaken control of the stock. Chart included.
Even with the S&P 500 down 11% in January there are still seven stocks that have already posted 25% returns.
The BlackBerry Storm only sold 500,000 units in its debut month underpacing the iPhone by a long margin. The Storm which has been plagued with negative feedback regarding its software and usability didn’t help Verizon (VZ) which reported earnings this morning.
The following stock chart of Research in Motion (RIMM) offers a great example of simple support and resistance. Support and Resistance is a basic form of technical analysis used commonly every day to mark potential buy and sell points on a stock chart.
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