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BlackBerry (BBRY) Jumps: Stock Rises 5.7%
July 08, 2014

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BlackBerry Limited was a big mover last session, as the company saw its shares rise by roughly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained over 42% since Jun 13.

This diversified communication services company has seen eleven positive estimate revisions over the past 30 days and its Zacks Consensus Estimate has moved higher over the same time frame, suggesting that more solid trading could be ahead for BlackBerry Limited. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

BlackBerry Limited currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Some stocks in the same sector looking equally good include KT Corp. (KT - Free Report) , Autodesk, Inc. (ADSK - Free Report) and TeliaSonera Aktiebolag (publ) . While KT Corp. and Autodesk hold a Zacks Rank #1 (Strong Buy), TeliaSonera Aktiebolag carries a Zacks Rank #2 (Buy).

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