Why Is BlackBerry Ltd (NASDAQ: BB) The Best Stock Of The Day?

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

BlackBerry (BB) was once the largest smartphone manufacturer in the world, but the company is now a software-only outfit providing end-to-end security options for enterprise clients. Because the firm no longer builds cell phones, it works directly with businesses to provide secure communication options.

BlackBerry Ltd BB 

Over the last year, BlackBerry has been through several spikes and selloffs. Currently, the stock is recovering from a light selloff at the beginning of June. At press time, a new release is pushing the stock’s price even higher.

Why is BB Moving?

BB is moving due to the launch of Jarvis 2.0, offering a user-friendly SaaS version of the original Jarvis. The new version has more security options, making it easier for end users to customize their security protocols.

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Data for BlackBerry Ltd as of July 26, 2021

Summary of BlackBerry Ltd as of July 26, 2021:

• Price Change: $10.180 to $10.180
• 52 Week Low: $4.37
• 52 Week High: $28.77
• Market Cap: $5.784B
• P/E Ratio: -
• Dividend Yield: -

Significant Dates for BlackBerry Ltd:

• Next Earnings Date: September 23, 2021
• Last Earnings Date: June 24, 2021, EPS of $-0.050
• Ex-Dividend Date: -
• Dividend Payment Date: -

Technical Data of BlackBerry Ltd as of July 26, 2021:

• RSI: 38.7495 ⮕ Bullish
• MACD: Signal Line (-0.4129) Over MACD (-0.6354) ⮕ Bullish
• Bollinger Bands: Price ($10.18), 20-Day SMA ($10.8344), Lower Band ($9.51), Upper Band ($12.92) ⮕ Bullish

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.