Advertisement
Australia markets open in 3 hours 56 minutes
  • ALL ORDS

    7,937.90
    +35.90 (+0.45%)
     
  • AUD/USD

    0.6486
    +0.0035 (+0.54%)
     
  • ASX 200

    7,683.50
    +34.30 (+0.45%)
     
  • OIL

    83.33
    +1.43 (+1.75%)
     
  • GOLD

    2,337.40
    -9.00 (-0.38%)
     
  • Bitcoin AUD

    102,459.42
    -80.06 (-0.08%)
     
  • CMC Crypto 200

    1,431.45
    +16.69 (+1.18%)
     

BlackBerry (BB) Catches Eye: Stock Jumps 8%

BlackBerry Limited BB was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.58 to $9.11 in the past one-month time frame.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

BlackBerry currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

BlackBerry Limited Price

BlackBerry Limited Price
BlackBerry Limited Price

BlackBerry Limited price | BlackBerry Limited Quote

ADVERTISEMENT

Another stock worth considering in the Wireless Non-US industry is Vodafone Group PLC VOD which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Vodafone Group PLC (VOD) : Free Stock Analysis Report
 
BlackBerry Limited (BB) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research