Blackberry Ltd. (NASDAQ:BBRY)

CAPS Rating: 1 out of 5

The company behind the BlackBerry, Research In Motion provides a range of wireless hardware, software, and services.

Recs

0
Player Avatar TMFJLo (91.25) Submitted: 10/1/2012 12:56:29 PM : Underperform Start Price: $7.70 BBRY Score: +3.07

Unexpected positive quarterly earnings drove the stock price up, but it's on an inevitable downfall. Sales in some emerging markets (i.e. Indonesia) may seem to be a good sign, but there's very low switching costs and customers will continue to gravitate away from RIMM's products as better and cheaper alternatives continue to hit the markets.

Featured Broker Partners


Advertisement