"Research In Motion (NASDAQ: RIMM) remains one of best long-term investment plays on the smart phone tidal wave," says growth expert Toby Smith in his ChangeWave Investing advisory.

"The stock recently fell sharply after issuing a solid, but not blowout, earnings report last night. In my view, the selloff created a buying opportunity.

"The Street's dismay was due to the pre-announcement build-up by many analysts who anticipated a blow-out quarter. When the numbers and outlook failed to live up to their billing, the stock got whacked.

"In our view, this looks like a good buying opportunity for one of the dominant players in the smartphone sector -- and one of the hottest we've identified over the long-term.

"Virgin Mobile USA (NYSE: VM) is one of the strongest issues this year among the low-priced stocks; it has climbed from 76 cents to nearly $5," says technical expert Leo Fasciocco.

Fasciocco is a technician and editor of Ticker Tape Digest, an advisory service that focuses on finding stocks that are breaking out from technical basing patterns.

He suggests, "Based in New Jersey, Virgin Mobile offers wireless subscribers a choice in wireless service and innovative products without annual contracts; annual revenues are $1.3 billion.

"The stock's long-term chart shows VM trading as high as 15. It was dragged lower during the bear market. However, the stock has made the turn and is now in an up trend supported by good earnings prospects.

"China is the world's biggest market for telecom services," notes Geoffrey Seiler, in an in-depth review of the leading Chinese telecom and wireless phone companies.

In his BullMarket.com, he looks at "China Mobile (NYSE: CHL), China Unicom (NYSE: CHU), and China Telecom (NYSE: CHA) noting,"There is still a lot of wireless growth potential in the world's most populated country. As such, we would expect all three to continue to grow for the foreseeable future."

Seiler explains, "China Mobile is the undisputed king of mobile from a subscriber base standpoint. Through the end of June, the company boasted 493 million subscribers. The company boasts 70% of the Chinese market.

"Our favorite and steadiest U.S. telecom recommendation is Verizon Communications (NYSE: VZ)," says Martin Weiss.

He explains, "We've always liked their steady-Eddie business and their tradition of paying handsome, predictable dividends." Here's the latest from the "conservative portfolio" section of his The Safe Money Report.

"I remain optimistic that now is a good time to be purchasing high-yielding assets," says growth and income expert Bryan Perry.

Indeed in his industry-leading The Cash Machine, the advisor adds two growth and income picks to his buy list: AT&T (NYSE: T) and Verizon (NYSE: VZ). Here's his assessment.

"Even if you are forecasting a recovery in mid to late 2010, you should be aggressively buying strategic high-income assets over the next three to six months.

"Corning (NYSE: GLW) is seeing green shoots; it recently announced significant gains in demand for LCD glass due to strong TV sales," says Tracey Ryniec of Zacks Research.

"Overall, LCD TV demand remains hot. The company is seeing much stronger demand for glass in the second quarter than it anticipated even just a few weeks ago.

"Corning is a specialty glass, ceramics and optical fiber manufacturer. It produces glass for LCD flat panel televisions and laptops, ceramic substrates and filters for mobile emission control systems, cable for Internet communication networks and advanced optics and specialty glass for various industries.

"We are at the early stages of witnessing a transformation of wireless activities away from voice and towards data for both personal and business customers," says says Ian Wyatt.

In his The Recovery Portfolio, he explains, "This portends great things Verizon Communications (NYSE: VZ), which has the best wireless network in the U.S. (For more on Verizon, see my recent post, The Safest Dividend in the Dow.)

"Verizon provides wireline service to 35 million access lines and 87 million wireless customers. It recently picked up 13 million of these wireless subscribers upon completion of its $28 billion purchase of privately held Alltel in January.

"My investment thesis for Verizon is all about growth in its wireless operating segment. Smartphone penetration, which is more profitable for Verizon, is still small and growing very rapidly.

Rumor has it that Nortel Networks (OTC: NRTLQ) will sell its enterprise division in the near future.

This would be part of a broader plan to break the company apart instead of trying to restructure its way out of bankruptcy. The company is planning to sell its CDMA and LTE wireless businesses to Nokia (NYSE: NOK) for $650 million -- the first unit sale since the January bankruptcy filing.

Ciena (NASDAQ: CIEN), a business that sells various networking and software products for fiber-optic and broadband technologies, and whose colleagues include Cisco (NASDAQ: CSCO) and Alcatel-Lucent (NYSE: ALU), reported late Thursday a difficult second quarter. Revenues declined by 40%. For the bottom line, Ciena said it lost 25 cents per share on an adjusted basis. Last year at this time, Ciena made an adjusted 40 cents per share. And in terms of expectations, the company was only supposed to lose 9 cents per share. Guess there wasn't a chance of that, huh?

This post is part of a 12-article feature on the best bets for investing in China. To see all the other recommendations in this special report, click here.

"The rollout of China's 3-G cell-phone network offers huge potential for Qualcomm (NASDAQ: QCOM)," suggests Richard Moroney in the blue chip advisory, Dow Theory Forecasts.

"Third-generation networks offer higher download speeds for phones that browse the Internet and download songs and movies.

"We are still finding attractively valued growers in tech," says quantitative analyst Richard Morney.

In his Upside stock advisory newsletter, he notes "We have found several especially promising tech stocks with solid track records, strong finances, and attractive growth prospects."

Here, the advisor reviews three stocks that earn his top 'best buy' rating: Akamai NASDAQ: AKAM), Synaptics (NASDAQ: SYNA) and TeleCommunications Systems (NASDAQ: TSYS).

International expert Yiannis Mostrous has long been a fan of global telecom stocks as ways US investors to access emerging markets. In his The Silk Road Investor, he looks at favorite plays on Russia, Indonesia and the Philippines.

"Philippine Long Distance Telephone (NYSE: PHI) reported solid 2008 results, with revenue rising 7% from 2007 levels to USD800 million. Profits were up 13% to US $200 million.

"The completion of our nation's transition from analog to digital TV in June will allow the analog spectrum to become available for different uses," points out David Sandell.

Here, the contributing editor of Leeb's Income Performance Letter explains why AT&T (NYSE: T) and Verizon (NYSE: VZ) are poised to be the biggest beneficiaries among leading telecoms.

"Customers are increasingly seeking lower-cost services and delaying purchases of more costly equipment. But the companies are adapting, particularly through cost-cutting and strengthening their balance sheets by paying down and restructuring debt.

"AT&T and Verizon, the telecom industry leaders, were the big spenders for rights to the powerful analog signals when the FCC auctioned off much of the freed-up spectrum in early 2008.

"I now believe some bargains are developing among technology stocks," says growth stock expert Mark Skousen. In his specialized trading service, The Turnaround Trader, he adds, "Motorola (NYSE: MOT) is a fallen tech leader that may even rise in a bear market -- and has a chance to double or triple once the market turns around."

Skousen expplains, "Technology stocks appear to have bottomed and are moving higher. Motorola, the $8-billion mobile ohone manufacturer, is in the midst of a classic turnaround situation.

"It used to be the cell phone technology leader, having developed the world's first handheld cellular phone and technical standard for high-definition TV. Yet the stock has fallen nearly 70% from its lofty highs of $26 a share two years ago.