BlackBerry Earnings: This Stock Is Berry Expensive

AaronAmat Investment Thesis BlackBerry's (NYSE:BB) stock jumps 8% premarket on the back of its fiscal Q1 2024 report. And yet, I remain bearish on this stock. I contend that this cheer from investors is little more than a relief rally that its earnings results weren't worse. Essentially, I argue that this business has too little in the way of prospects. And then, to compound matters, the stock is already priced at 87x this year's EBITDA. For bullish investors, their argument is that the stock was once highe ...