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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.


TSX:BB - Post by User

Comment by Maxmoeon Dec 29, 2023 6:10pm
123 Views
Post# 35804709

RE:Window dressing

RE:Window dressingOh it can happen. It's happening right now with the fab 7 or whatever they're called. They are "must own" stocks for all managers. Once upon a time we had one. Nortel. I was at an actual investment committee meeting for the pension fund of a very well known consumer products company. At that meeting the cfo lit into their fund manager for underperforming the tsx index that year. He said, and I quote, "what do we need you for? All we need to do is put all our money in Nortel ". And there was applause. I think Nortel was at $110 then and was over 30% of the tsx index. Over 50% if you included the prorata shares of ntl owned by bell. I'm pretty sure RIM ( BB name back in the day) was once the largest company in Canada by market cap. It's the kiss of death for any stock in Canada to surpass the value of Royal Bank. So, if you must, go ahead and close your eyes and buy NVidia at $500 a share, I'll buy BB at $5 a share. I know nVidia traded at $5 less than 10 years ago, but you'd have to go back further and adjust for a 3:1 stock split but rim hit, or came close , to $500 a share. A reversion to the mean , would be astronomical returns for both. Happy new year!! 
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