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StreetInsider.com Insiders' Edge Newsletter 11-19-08

 StreetInsider.com - Insiders' Edge
RIMM Added To Goldman's Buy List... Should You Care?

Today, Goldman Sachs added Research in Motion (NASDAQ: RIMM) to their noteworthy Convection Buy List. Should you care?

Goldman's Conviction Buy List represents stocks the firm believes has the greatest potential return, and has a high likelihood to realize that return. Below we've analyzed the returns of some recent additions to the list and how they've stacked up to the S&P 500 so far. The data shows that 6 out of 10 outperformed the broader market and 4 out of 10 underperformed. ... CONTINUED >>>>


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Insider Trade of the Day - American Axle (AXL)

American Axle (NYSE: AXL) is seeing insider buying. Co-Founder/Chairman/CEO Richard Dauch disclosed a purchase of 430,000 shares on 11/14 at prices from $1.55-$1.70, bringing his stake to 669,192 shares.

VP & CTO Yogendra Rahangdale also recently disclosed a purchase of 6,750 shares on 11/13 and VP and CFO Michael Simonte recently disclosed a purchase of 13,469 shares on 11/13.

With the U.S. big three automakers on their death bed and begging Congress for a bailout, the purchases show confidence by management of American Axle that as an auto supplier they believe they can weather the storm not matter what the outcome.

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New Coverage To Watch - Limited Brands (LTD)

Cowen & Co resumes coverage on Limited Brands (NYSE: LTD) with an Outperform.

Cowen analyst says, "We are resuming coverage of Limited Brands with an Outperform rating. We see value in its industry-leading concepts, Victoria's Secret and Bath & Body Works, and believe that low expectations and a strong capital structure will improve shareholder ...MORE

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