RIMM

Research In Motion Limited (NASDAQ:RIMM) received a stellar upgrade from RBC Capital and believes the stock can climb another 70% in the next 12 months.

Today we want to highlight a few stocks that are projected for strong growth, but are still reasonably priced and have strong sales.  The four stocks that standout are Occidental Petroleum Corporation (NYSE:OXY), U.S. Bancorp (NYSE:USB), Research In Motion Limited (USA) (NASDAQ:RIMM), and Xerox Corporation (NYSE:XRX).

Motorola, Inc. (NYSE:MOT) is pissed at Research In Motion Limited (USA) (NASDAQ:RIMM), the latest patent technology case and RIMM could end up paying a pretty penny.

As the battle for mobile internet heats up, Apple Inc. (NASDAQ:AAPL) and Google Inc. (NASDAQ:GOOG) might be leaving Microsoft Corporation (NASDAQ:MSFT) in the dust.  This means that for Microsoft to seriously get into the game, they are going to need something… or someone. 

theStreet.com is out with its 2010 stock picks and the list includes big tech names like Amazon.com (NASDAQ:AMZN) and Research in Motion (NASDAQ:RIMM) along with cable giant Comcast Corp. (NASDAQ:CMCSA).

Dana Holding Corporation (NYSE:DAN) comes to use today with a nice upgrade from  JP Morgan, raising their outlook on the stock from Neutral to Overweight. 

Research In Motion Limited (USA) (NASDAQ:RIMM) shares are moving higher (+3.0%) after announcing a deal to distribute the Blackberry in China through Hong Kong-listed IT company Digital China. China Mobile (CHL) has offered the handsets in China since 2006, but hasn't promoted them strongly.

Research In Motion Limited (NASDAQ:RIMM) shares are falling hard this morning and taking the NASDAQ right down with it, big tech names such as Microsoft (NYSE:MSFT) down 2% and Dell (NASDAQ:DELL) down 1.5% are dragging the tech sector down.

This week was brutal for Research in Motion (NASDAQ:RIMM) shareholders after the Credit Suisse downgraded the stock to the equivalent of a sell rating, these days you can't bet against the analysts.

RBC Capital upgraded Research in Motion (NASDAQ:RIMM) from Sector Perform to Outperform yet RIMM shares are unchanged for the moment, trading at $50.