BlackBerry Stock Prediction: BlackBerry Is Flourishing As A Security-Focused Software Company
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
BlackBerry Stock Prediction
Summary:
- My last buy recommendation for BlackBerry was last July 21. After dipping below $9 in August, the stock is again trading above $11.
- BlackBerry posted a beat on revenue and EPS estimates last September 28. Consequently, investors pushed its stock to as high as $11.34.
- BlackBerry is clearly flourishing as a security-focused software provider. There is hope yet for this fallen angel.
- Chen failed to turnaround BlackBerry’s phone hardware business but he is succeeding in his new software-centric strategy.
- BBRY has positive near and long-term algorithmic forecasts from I Know First. There’s probability that BBRY can post a new 52-week high before 2017 ends.
BlackBerry Stock Prediction: The BlackBerry KEYone Is Posting Strong Sales In North America
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First. Read The Full Premium Article
BBRY Stock Prediction
Summary:
- TCL Communication, the exclusive licensee of the BlackBerry phone brand, has launched the BlackBerry KEYone Android phone in North America.
- The distinctive, keyboard-toting KEYone is apparently attracting many buyers. In spite of its $549.99 price tag, The KEYone is already the No.1 best-selling unlocked phone at Amazon.com
- The KEYone’s success is important to BlackBerry. TCL pays a royalty fee on every BlackBerry-branded phone it ships out.
- While TCL was responsible for the design and manufacturing, the KEYone still comes with the legendary software security suite of BlackBerry.
- BBRY has positive market trend signals based on its algorithmic forecasts.
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