Back to top

Image: Bigstock

BlackBerry (BB) Soars: Stock Adds 12% in Session

Read MoreHide Full Article

BlackBerry Limited (BB - Free Report) was a big mover last session, as the company saw its shares rise nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $10.21 to $10.94 in the past one-month time frame.

The move came after the company reported better-than-expected results for the third quarter of fiscal 2018 (ended Nov 30, 2018).

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

BlackBerry currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the Wireless Non-US industry may consider Vodafone Group Plc (VOD - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is BB going up? Or down? Predict to see what others think:Up or Down

Zacks’ Best Private Investment Ideas

While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.

Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.

Click here for Zacks' private trades >>
 


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Vodafone Group PLC (VOD) - free report >>

BlackBerry Limited (BB) - free report >>

Published in