Introduction - Did BlackBerry bears win this round?
Many BlackBerry (NYSE:BB) bears are becoming more confident in the company's eventual demise as the latest quarter marked another quarter of revenue deceleration and elusive profits. In
BlackBerry's Turnaround Narrative Is Still Alive After Its Latest Earnings
Summary
- This quarter represents a draw between the Bulls and Bears for BlackBerry.
- BlackBerry's latest development points are laid out in this research article.
- BlackBerry just announced a stealth higher risk operational strategy.
- Volvo secured as a new client this quarter represents a top automaker's trust in BlackBerry's technology.
- BlackBerry IVY pre-sales in late 2021 will be a core key performance indicator to track.
Discover high potential stocks with me on intermediate-term timeframes. Join my Substack Community for real-time Strategy and Recommended Entry Levels.Larry Cheung is a CFA Charterholder and an independent Investment Strategist with a broad focus on U.S. & China stocks. He is a Finance Influencer on Youtube, Twitter, Instagram, and Substack (@LarryCheungCFA). His focus is a combination of long-term direct shares ownership combined with options selling to generate additional portfolio alpha. His experience includes formerly working in the Buyside on Macroeconomic Research and Credit Strategies. He is regularly invited to share his research at national conferences on topics related to Real Estate and the U.S./China macroeconomic outlook.On Seeking Alpha, Larry and his research team look forward to providing commentary and publishing company research across single-name companies and ETFs in industries that they believe have long-term growth opportunities. Implementation is shared on Substack.Let's connect and win together.
Analyst’s Disclosure:I am/we are long BB, AMD. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.