BlackBerry Ltd (BBRY), Priceline.com Inc (PCLN), Zillow Inc (Z): A Fool Looks Back

BlackBerry Ltd (NASDAQ:BBRY)BlackBerry Ltd (NASDAQ:BBRY) reportedly wants to take the easy way out. Shares of the company behind the fading smartphone platform moved higher on Friday after sources told Reuters that BlackBerry Ltd (NASDAQ:BBRY)’s board is weighing the decision to go private.

The allure of attempting a turnaround without having to please the market every three months is a reasonable strategy. There’s also value in the different parts of BlackBerry Ltd (NASDAQ:BBRY)’s business, and that kind of carving-out process is less messy if it’s done behind the scenes.

Wanting to go private and actually achieving the transaction are two entirely different things. We’ve seen proposed privatization efforts come undone. Shareholders can object. Financing can be hard to secure.

The bad news is that BlackBerry Ltd (NASDAQ:BBRY)’s going to have to spend money to make money. Its share of the smartphone market is shrinking, and the ballyhooed BlackBerry 10 mobile operating system upgrade wasn’t enough to woo potential smartphone buyers. Being public provides easier access to raising capital, and BlackBerry Ltd (NASDAQ:BBRY) can’t afford too many more miscues.

Briefly in the news
And now let’s take a quick look at some of the other stories that shaped our week.

Priceline.com Inc (NASDAQ:PCLN) nearly hit the magical share price of $1,000 after posting another quarter of blowout financial results. Investors should be used to this by now, as the “name your own price” travel portal has beaten Wall Street’s profit targets every single quarter since early 2006.

Zillow Inc (NASDAQ:Z) posted a 69% surge in revenue for its latest quarter, surprising the market with a small adjusted profit. The housing recovery seems to be the real deal, at least if we’re going by traffic to the leading residential real estate hub.

Universal Display Corporation (NASDAQ:OLED) was able to shine bright after a strong showing of its own. The OLED technology pioneer saw revenue and earnings climb 65% and 40%, respectively, in its latest quarter. Analysts concerned about slipping orders were willing to settle for far less. It’s always nice when you surprise on the upside.

The article A Fool Looks Back originally appeared on Fool.com and is written by Rick Munarriz.

Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends and owns shares of priceline.com, Universal Display, and Zillow.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!