Is BlackBerry Stock a Buy?
It may have been the name that ushered in the era of smartphones, but BlackBerry (NYSE: BB) has been conspicuously missing from the industry's landscape for years. Indeed, it stopped making phones altogether in 2016, succumbing to powerhouses like Apple, and instead focusing entirely on software, security, and mobility solutions.
The market bought into the idea, but only for a while. After peaking in early 2018, the stock's since given up more than half of its value. The $3 billion in cash and other liquid assets on the company's books as of early 2016 has been whittled down to last quarter's tally of $1.1 billion, mostly thanks to acquisitions that aren't necessarily paying off in a big way.
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Source Fool.com
