Research In Motion Bucking Today's Weakness

My Stock of the day is Research In Motion (RIMM).

The stock is bucking today's weakness in the overall market, currently up nearly $5 on the day.

Also, the stock is rising on a big uptick in volume. The list of stocks rising today on strong volume is extremely thin, so the action in RIMM is notable. The stock did get an upgrade from Merrill this morning, where the analyst raised his price target to $190.

I think the stock looks like it needs to rest a bit, but the improvement in relative strength is notable. And I think after some consolidation of its recent gains, it should move higher again.