A new year, a new CEO, a new strategy (sort of), and new hope expressed by shareholders of Blackberry.
And heck, the plummeting Loonie can’t hurt, especially in selling cheap phones in the Middle East and Africa.
That said, we have seen hope ebb and flow with Blackberry before. It is one of those Canadian stocks that we have seen in the past that is offered reprieve after reprieve from investors.
And, to put things in perspective, check out the seven year chart of Blackberry above. It is hard to spot the recent bump compared to where the stock has been before.
Blackberry (BB) is not held in the McIver-Jasayko Model Portfolios as of January 22, 2014. Comments about BB are not intended as advice and do not constitute a recommendation to buy, sell, or hold.
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