Topic: How To Invest

The Successful Investor Hotline – Thursday, April 13, 2017

Article Excerpt

BLACKBERRY LTD., $11.52, Toronto symbol BB, provides wireless communication services, mainly to businesses and government agencies. The stock jumped 12% this week after an arbitrator awarded the company $814.9 million U.S. in its licensing dispute with computer chip maker Qualcomm Inc. (Nasdaq symbol QCOM). That payment is equal to 62% of BlackBerry’s annual revenue of $1.3 billion U.S. BlackBerry accused Qualcomm of overcharging for its patents. The two firms later agreed to settle the case through binding arbitration. The company has not yet said what it plans to do with the cash. However, the extra funds should help it with its long-term plan to focus on software for secure communication networks and self-driving cars. OUR RECOMMENDATION: BlackBerry is still a hold. BlackBerry recent coverage March 2017 issue February 2017 issue BOMBARDIER INC., Toronto symbols BBD.A $2.36 and BBD.B $2.27, is the world’s third-largest maker of commercial aircraft, after Boeing (No.1) and Airbus (No. 2). It’s also a leading maker of commuter trains. The stock gained 12% this…