As the nation and international markets move toward a world in which more information is available on mobile devices, look for Sierra Wireless to play an important role.

Sierra Wireless (NASDAQ: SWIR) develops modems that enable PCs, notebook computers, and vehicles to communicate wirelessly.

Analysts really like Sierra's AirCard line of PC cards, which are designed for networks using the CDMA and GSM/GPRS wireless standards, and account for about 70% of the company's revenue.

Analysts also like the fact that Sierra was selected the most-preferred brand in wireless data cards segment, according to a poll by InfoTech. A solid North American client base adds to the mix. The Reuters F2008/F2009 EPS consensus estimates for SWIR are $1.39/$1.54.

The risks? Analysts are keeping an eye on Sierra's pricing decisions. Given competition, some price reductions could occur, but these must be minor to preserve SWIR's margins.

Stock Analysis: Sierra Wireless is a moderate-risk stock not suitable for low-risk investors. Investors with an investment horizon longer than 2 years should be rewarded from SWIR's shares. Sell / Stop Loss if you were to purchase shares in this company: $8.

Disclosure: Lazzaro has no positions in stocks. In addition to private real estate holdings, he owns corporate and municipal bonds, and cash certificates of deposit.