Is BlackBerry Stock Doomed?

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With shares of BlackBerry (NASDAQ:BBRY) trading around $6, 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’s new CEO John Chen wrote a letter to BlackBerry’s enterprise customers, pointing out that the company is still alive and promising that customers’ investments in BlackBerry’s “infrastructure and solutions are secure,” contrary to what the press might be saying and what BlackBerry’s competitors might want people to think. The letter can be read on BlackBerry’s blog.

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