
TSE:BB
This summary was created by AI, based on 12 opinions in the last 12 months.
BlackBerry (BB-T) has undergone a significant transformation from a phone manufacturer to a software-centric company, particularly in the automotive sector, where it is focusing on cybersecurity and autonomous driving technologies. The reviews highlight that the company's recent performance has been strong, with notable achievements in security rollouts and a robust cash flow. However, experts caution that while the technical setup looks positive and there has been a consistent upward trajectory since March, expectations should be tempered due to the company's history as a fallen champion. Some reviews underscore the interesting technology in automotive applications, even as they note the stock's recent uptick might warrant profit-taking. Analysts acknowledge a year-over-year revenue growth of around 15%, but concerns about sustainability and overall market dynamics suggest a wait-and-see approach, with some considering it a more speculative investment.
(A Top Pick Dec 10/19, Up 22%) John Chen should get CEO of the year award. They've generated cash flow all along. BB gets no respect from investors. Recently, they got a boost with the Amazon self-driving car deal. The balance sheet is good with net cash. He likes it and has added to it. This is a great long-term play in cybersecurity.
It is in two businesses – data security for companies and in the auto sector for the connected car. They complete with data security against MSFT-Q with products offered almost for free and the other is PANW-N who announces business they took away from competitors. If they can grow the auto business, that has upside. It is going to take time because it is in the early stages. It is a hold if you are patient.