"Suddenly, no one likes Research in Motion (RIMM) any more, at least that's the impression you get from the media," observes Gordon Pape. In his Internet Wealth Builder, he offers a contrary -- and bullish -- view of the smartphone maker.

"To hear some analysts tell it, the BlackBerry maker is going the way of Nortel. It's just a matter of time. For example, analyst Jim Suva of Citigroup Global Markets recently issued a sell signal on the shares, saying that RIM's long-time dominance of the smart phones market is over.

"For the record, many analysts disagree with Suva's assessment. Credit Suisse has reiterated its 'outperform' rating with a target price of $95. Bank of America/Merrill Lynch has a $100 target, Scotia Capital has a $103 target and CLSA Asia-Pacific Markets has a target of $100.

"We believe it is prudent to lock in some profits, and focus on developing an income stream in the event that we get either a major correction or double-dip recession," says Glenn Rogers.

The contributing editor to The Internet Wealth Builder suggests, "It seems to me to that the most promising areas worth considering are high-yield bond funds and international real estate funds, preferably with some underlying income." Here, the reviews four income ideas.

"I like high-yield bond funds, even though there is concern that interest rates will rise in 2010.

In Gordon Pape's Internet Wealth Builder, contributing analyst Tom Slee looks at "recession-resistant" global stocks. Here, he reviews Philip Morris International (NYSE: PM) and PepsiCo (NYSE: PEP).

Slee explains, "Philip Morris continues to benefit from rising tobacco consumption and 'uptrading' as people in the emerging countries switch to more expensive products.

"Almost recession proof, the international tobacco industry is prospering thanks mainly to new markets, strong cash flows, and reduced litigation.

"It's time to take some profits and play defense for a while," says Glenn Rogers, adding, "Fortunately, we can hedge our bets by taking some profits and building cash reserves and reinvesting in more defensive securities."

In The Internet Wealh Builder, the advisor suggests, a trio of conservative dividend-focused exchange-traded funds.

He explains, "Everybody I talk to these days is nervous, although for different reasons. Some are nervous because they feel left behind. They sat on the sidelines and missed the incredible rally we've had since March. Now they're afraid they won't have a chance to participate because the market has been refusing to correct.

"Others are nervous because they made a pot of money in the rebound and they're afraid they could lose it all in a replay of last year's meltdown. Meanwhile, there some relatively low-risk ETFs where you could park some money while we see how all this plays out.

"We're looking for profits in a sector of the economy that almost everyone has written off -- newspapers," says Glenn Rogers.

In Internet Wealth Builder, he explains, "I have been involved in the newspaper industry for good portion of my career; so it has been with great dismay that I've watched the industry crumble over the last few years." For contrary investors, he looks to New York Times (NYSE: NYT) and Gannett (NYSE: GCI).

"The Internet in general has siphoned off millions of dollars of advertising that used to belong to the newspaper industry.

"Healthcare-related stocks have been trading up and down based on the latest rumor of how the Obama medical plan might be implemented," observes analyst Glenn Rogers.

The contributing editor to Gordon Pape's Internet Wealth Builder asks, "How can we benefit from Obama-Care?" Here, the advisor looks at Walgreen (NYSE: WAG), the largest drugstore chain in the U.S."

"A recent article in Barron's suggested that Walgreens, Caremark CVS, and Target could benefit from whatever new healthcare system emerges from Congress. (Note, Caremark CVS was covered in a previous post today.)

"Like others, I've been trying to figure out how to play President Obama's policy initiatives in healthcare," says Glenn Rogers.

The contributing editor to Internet Wealth Builder adds, "I think the generic drug makers have the best chance of coming out of the upheaval in healthcare smelling like roses." Here, he looks at one favorite: Perrigo (NASDAQ: PRGO).

"I've chosen a lesser-known generic drug maker that I think should reward investors over the next 12 months with a market-beating performance; Perrigo Company is a leading manufacturer of generic over-the-counter and prescription pharmaceuticals.

Canadian stocks are set to give American investors a twofer. As stocks go up, Gordon Pape, one of Canada's leading experts on mutual funds and the editor of The Canada Report, says that Americans get stock appreciation and a currency bonus – making investing in Canadian stocks more profitable than U.S. stocks.
And now, says Pape, is an especially good time to invest since stocks and the Canadian dollar have recently taken a breather.

We caught up with Gordon Pape to talk to him about earning market profits plus a currency bonus.

Is it time to ride the rails? In Gordon Pape's The Internet Wealth Builder, analyst Tom Slee reaffirms his buy rating on Burlington Northern Santa Fe (NYSE: BNI), his top pick in the sector.

"Burlington Northern is my preferred choice in the railroad industry. At first glance, Burlington Northern had a particularly bad first quarter.

"Profit was $0.86 a share, down sharply from $1.30 a share the year before. However, when unusual items such as an unfavourable coal rate decision are excluded, operating earnings amounted to a much more acceptable $1.13 a share, well above the 96c analysts were looking for.

"Some companies are managing very well now and quietly laying a foundation for solid earnings growth when the recovery gets underway," says Tom Slee.

The contributing editor to The Internet Wealth Builder adds, "A few even offer a good yield while we wait." One such company, he believes is Thomson Reuters Corp. (NYSE: TRI).

"I particularly like Thomson Reuters. It's low key and not terribly exciting, but by paying a $1.12 dividend to yield 4.1% the stock should provide investors with an excellent long-term return. Here's some background:

This post is part of a special report, Global advisors look to China.

"In my view, there is no sign of a sustainable rally in the US stock market on the horizon," says Glenn Rogers, asking, "So, against that gloomy backdrop, what's an investor to do?"

The contributing editor to Gordon Pape's Internet Wealth Builder suggests, "One area that looks interesting to me right now is China." Here, he highlights a trio of exchange-traded funds invested in the China market.

"The Chinese government is unencumbered by highly-paid bankers and fractious two-party politics so they have been able to move quickly to stimulate their economy and are generally well-positioned to come out of this downturn in good shape.

With its own economic stimulus program in place, a relatively stable banking system, and a stock market that has been resilient in recent months, numerous leading global investment advisors are looking bullishly towards China.

From technology to power, and from individual stocks to ETFs, and from Hong Kong to Taiwan to mainland China, we turn to seven leading advisors for their favorite ways for US investors to take a stake in Asia.

This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.

"If you're looking for a low-risk stock that's held up well in this dizzying market spiral, here it is: Fortis Inc. (TSE: FTS), my top pick for 2009," says Gordon Pape in The Canada Report.

"Fortis is trading at about the same level now in Canadian dollar terms as it was in early September. How many companies can say that?

"Don't confuse this with the troubled European financial giant of the same name. This Fortis is the largest investor-owned gas and electric distribution utility in Canada. Its regulated holdings include a natural gas utility in British Columbia and electric utilities in five Canadian provinces and three Caribbean countries.

"Third-quarter financial results were very strong and beat analysts' forecasts. Fortis reported net income of $49 million ($0.31 per share) compared to $31 million ($0.20 per share) in the same period of 2007 (figures in Canadian dollars). Year-to-date earnings were $169 million ($1.08 per share) compared to $114 million ($0.86 a share) for the first nine months of 2007.

This post is part of a special report, A Dozen Ways to Play an Obama Building Boom.

"I think we have bottomed in some sectors, including commodities and materials," explains Glenn Rogers. In Internet Wealth Builder, he explains, "President-elect Obama has said he will pour hundreds of billions into projects.

"The Chinese and the Europeans have also committed to huge amounts to infrastructure spending." Here, he looks at one play on this trend -- Cemex (NYSE: CX).

"If you want to venture back into the stock market at this point and you're a long-term investor, my advice is to buy high-quality names with low P/E ratios, no debt coming due next year, and the sustainable ability to pay a dividend.

"Late last month, this Mexican cement giant traded as low as $4.01. Then President-elect Obama announced his plan to spend billions on infrastructure projects and guess what happened?

"The share price shot up on the expectation that infrastructure spending will translate into a growing demand for cement.

"Cemex shares traded as high as $11.35 before pulling back to close the week at $8.16. That's still more than double the November low but this is a stock that was trading at over $30 last June so it still looks like good value at this level.

"It's hard to find any good news these days but I was pleasantly surprised with the third-quarter railway results, as almost all of the 'class 1 carriers' reported better than expected earnings," notes analyst Tom Slee.

The contributing editor to Gordon Pape's Internet Wealth Builder explains, "Several rail stocks are starting to look attractive at these depressed levels and Burlington Northern (NYSE: BNI) remains my preferred choice in the group." Here's his outlook.

"Even with the economic downturn starting to bite, reduced fuel costs and increased freight rates offset lower volumes. Equally important, the companies remain cautiously optimistic despite the miserable outlook.

"They are confident that further freight rate price increases in the 4% to 5% range are sustainable and will still allow them to undercut inefficient truckers.

"Unfortunately, none of this prevented the stocks from being battered during the market collapse. However, I think that fourth-quarter profits are likely to remain strong and the longer term outlook for railroads remains favorable.

"Burlington Northern continues to power ahead. A shrinking economy must eventually take its toll but there was no sign of any weakness in BNI's third-quarter results. Operating earnings came in at $1.91 a share, up 29% from $1.48 in 2007.