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BlackBerry (BB) Catches Eye: Stock Jumps 6%
BlackBerry Limited (BB - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $4.26 to $4.71 in the past one month time frame.
This move came after potential rumors of Fairfax Financial Holdings acquiring BlackBerry’s remaining shares.
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 Limited Price
BlackBerry Limited price | BlackBerry Limited Quote
BlackBerry currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Another stock worth considering in the Wireless Non-US industry is KT Corporation (KT - Free Report) which carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
5 Stocks to Soar Past the Pandemic:
In addition to the companies you learned about above, we invite you to learn about 5 cutting-edge stocks that could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of the decade.
See the 5 high-tech stocks now>>