Research In Motion Attracting Heavy Volume (RIMM)

Shares of Blackberry device maker, Research in Motion RIMM are falling on heavier than usual volume today after Goldman Sachs GS cut the stock's price target from $56 to $50. Year-to-date, the former Wall Street darling has fallen almost 22% as continued concerns about RIMM's competitiveness going forward weigh on the share price. During Monday's trading session, RIMM has lost 0.94% to $52.83. Almost 10 million shares have traded hands in the first three hours of the market day. On a valuation basis, Research in Motion looks attractive as the stock is trading at a seemingly cheap forward P/E of 8.83. Learn how to find the best stocks to trade each day in our 70 page E-Book and 90 minute online video for free.