BlackBerry (BB.TO)

(A Top Pick Sep 26/17, Up 13%) He still likes it. They have a lot of debt but a lot of cash in the bank. This is a good long term play. He does not like John Chen's pay package. But he is happy to hold it.

He recommended it when it traded for its cash value. It tripled after that. He has been waiting for current management to produce earnings. There are lots of promises. It should have potential with self driving cars. He threw in the towel and gave up on it.

It is very speculative. It is difficult to make a decision based on fundamentals because it is still changing.

The $13 area is key technical support going back to 2015. He would prefer Fairfax Financial, who has a significant holding in BB-T. (Analysts’ price target is $11.49 US)

Thinks it has turned the corner. Cash in the bank, but still a speculative stock. Changed entire structure, and now into apps and software, quite successfully. Could still be taken out when market believes that Blackberry is a survivor. Headed for higher earnings. Much more conservative asset now than 6-12 months ago.

He thinks there are much better choices than this. It is an encryption software company that has done a good job to extend its product life. He would rather own Apple, Adobe or others.

He bought in over $10, but did well. He does not like the pay package for the CEO. Numbers are coming out tomorrow.

(A Top Pick April 2/18 Up 15%) It is a high volatility holding. He thinks it will return to $17-$18, where he would sell it, after having bought it on a trend line low.

Has outperformed the market in the 15 of the last 19 years. A winter hold. Momentum indicators have diverged.

Company is in the penalty box for the last year and a half. A technology play. It is not even in the top ten cells used by youngsters. Unable to pigeonhole the valuation of the business right now. Looks good from a fundamental perspective. He doesn’t understand the business model.

(A Top Pick April 3/17 Up 29%) He likes how this has worked out. He thinks the new salary metrics for the CEO is poor – it reflects pure greed. He thinks it will go above $1 billion in revenues soon and could double in share price.

He has been alternately long and short and gets it wrong each time. It is a very volatile stock. It is in the bottom 10% in terms of price stability. It scores well in terms of valuation. They are cash flowing again. He hesitates to give a recommendation but it now is a small buy for him.

It is a bit rocky. They have had issues in the past. The most recent earnings report was good. He likes the look of the chart. It is below its breakout point of $14.50. Everything is down today. As long as it stays around this point he is bullish. (Analysts’ target: $15.00).

The stock is fine and will continue to do well. CEO John Chen has a history of selling the asset (in transition) and he's got five years (a contract extension) to finish this.

Some people expected a V-shape recovery in the Blackberry stock price. That hasn’t happened and probably won’t. However, Blackberry is getting stronger in security software and in the automotive space. It is difficult to predict future earnings and cash flow, which is why he doesn’t own the stock. It has clear potential, the strategy seems good, but until the actual earnings come through, he cannot evaluate the stock and does not know whether the shares are sustainable at their current price.