Stock Traders Daily Rates BlackBerry Ltd (NASDAQ:BBRY) a Strong Buy

Stock Traders Daily issues STRONG BUY Rating on BlackBerry Ltd (NASDAQ:BBRY) based on valuation and opportunity.

Key Stats:

  • Mkt cap $3.68B
  • cash $2.96B
  • debt $1.55B
  • Pending expenditures $450M
  • Net cash = $960K
  • Mkt cap less cash = $2.72B
  • 12 month future rev ~ 2.5B
  • MKT CAP less Cash - Revenue = $222M

Road to profitability:

  • Profitability is expected starting next quarter
  • Revenue growth is expected from here as well (modest)
  • The declines in revenue are now expected to officially stop.

Cross Platform:

  • New android release announcement proves cross platform security
  • BBRY has created a vertical channel of mobile security services.
  • They own the most secure mobile security network 

Complete BBRY Report