Most of the time, we’re no fans of Wall Street analysts. They’re often behind-the curve, biased, and flat out wrong.

Several key second-quarter earnings reports could either validate or undercut assertions that the U.S. economy is poised for recovery.

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When it comes to the U.S. stock market right now, the story continues to be about earnings. And this week will be no exception.

Research in Motion Ltd. (Nasdaq:RIMM) is a compelling buy right now, says Horacio Marquez. The company dominates the corporate market with its Blackberry phone and has a “bulletproof” balance sheet. Horacio says the correction in RIMM’s share price should have run its course by now, meaning a big opportunity for profits in the coming year.

The huge downward pressure on stocks is over for now, says Paul Moore. But though investors be thinking about getting back into the market, they must exercise extreme caution. The coming earnings season could reveal some more ugly numbers, while light volume over Christmas can increase market volatility.

Competition in the high-end cell phone market is getting fierce. The winners are quickly outpacing the losers and shareholders are paying the price.

One of the world’s most highly watched phone manufacturers, Research in Motion (NASDAQ:RIMM), and its Blackberry lineup, is losing ground to competitors like Apple (NASDAQ:AAPL) and Nokia (NYSE:NOK). The proof is in the company’s latest earnings estimates.

Earlier today, RIMM drastically revised its fiscal third-quarter guidance. The company had forecast quarterly earnings per share in the range of $0.89 to $0.97, but today announced significantly lower expectations of just $0.81 to $0.83.

The company blames a slow economy and detrimental changes in exchange rates for the decline, but smart investors will look beneath this financial façade and realize Blackberry has some serious…

The video game industry has a reputation for being recession proof. And soaring sales this year suggest there are some great profit opportunities in the sector. That’s why the Money Morning team have created this comprehensive guide to virtual investing.

Money Map Report editor Horacio Marquez says Apple Inc. (Nasdaq: AAPL) is a bargain at today’s prices. The company continues to grow and diversify, and will keep gaining market share for its products. However, a consumption slowdown and tough competition means caution is essential when building up a position.

Google Doesn’t Disappoint; Jobless Claims Drop but Remain High; Peabody’s Third Quarter Lights Out; Nucor Profit Doubles; Nokia’s Profit Dip; AMD Narrows Loss; Hershey’s Sweet Surprise; Citi’s Consumer Credit Woes