BlackBerry's Reversal Of Fortune
@Yiannis：
Investment ThesisBlackBerry Limited (NYSE:BB) is enduring cyclic adversities in its financial performance and market valuations. As a result of a negative forecast for the fiscal fourth-quarter performance, BB shares plunged13%. However, its long-term fundamentals suggest anupside potential over the coming years.Indeed, the cybersecurity business is having a terrible year, exposing the firm's challenges, while the auto segment remains the growth catalyst for BlackBerry's business. Nevertheless, the pullback has created an attractive entry point, and BB is a speculative buy for the short term.BlackBerry's Financial Performance & OutlookBlackBerry's revenue isexpected to declineby around 16% in the fiscal year 2023 compared to theprevious year, based on a preliminary