Is BlackBerry Enticing at Current Prices?

With shares of BlackBerry (NASDAQ:BBRY) trading around $8, is BBRY an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework:

T = Trends for a Stock’s Movement

BlackBerry is a designer, manufacturer, and marketer of wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software, and services, it provides platforms and solutions for seamless access to information such as email, voice, instant messaging, SMS, Internet, intranet-based applications, and browsing. Its products and services feature the BlackBerry wireless solution, the Research In Motion Wireless Handheld product line, the BlackBerry PlayBook tablet, software development tools, and other software and hardware.

BlackBerry has been quiet about its possible buyout by Fairfax Financial Holdings, which has led some to speculate that the deal could be in trouble. Fairfax CEO Prem Watsa told the Associated Press that his firm, which is BlackBerry’s largest shareholder, remains committed to buying the struggling smartphone maker. Fairfax has offered $4.7 billion for BlackBerry, but the company’s shares fell on Wednesday on fears that the deal may not go through.

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