Dollarama is a better stock to holdDollarama Inc. (DOL-T) on Sep 14 reported a 79% rise in Q2 profit, helped by sales from thenew stores it opened in the past one year. Net income rose to $37.7 million or
.50/share, from
$21.0 million or
.28/share a year ago. The closing price today is C$34.78.
Research In Motion Ltd on Sep 15 reported $.80 earnings against $.88 estimates. Handsets and Playbooks sold much less than guidance. Aftermarket RIM went under US$24, 20% less than the close price of US$29.54. It may see the low of August at US$21.60 soonl.