5 Popular Stocks Reddit’s WallStreetBets is Talking About Today

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In this article we discuss the 5 popular stocks Reddit’s WallStreetBets is talking about today. If you want to read our detailed analysis of these companies, go directly to the 10 Popular Stocks Reddit’s WallStreetBets is Talking About Today.

5. BlackBerry Limited (NYSE: BB)

Number of Hedge Fund Holders: 24   

BlackBerry Limited (NYSE: BB) is a Canada-based technology company founded in 1984. It is ranked fifth on our list of 10 popular stocks Reddit’s WallStreetBets is talking about today. The company stock has returned more than 102% to investors over the past year. BlackBerry was one of the leading mobile manufacturers of the past decade, but has since transitioned to software and internet of things (IoT) offerings. The company also offers governments and companies with security and encryption services. 

On March 31, investment advisory Canaccord upgraded BlackBerry Limited (NYSE: BB) stock to Hold from Sell and revised the price target to $9 from $10, noting the fourth quarter 2020 earnings results of the firm and licensing headwinds. 

Out of the hedge funds being tracked by Insider Monkey, Canada-based investment firm Fairfax Financial Holdings is a leading shareholder in BlackBerry Limited (NYSE: BB) with 46 million shares worth more than $392 million. 

Just like GameStop Corp. (NYSE: GME) and MicroVision, Inc. (NASDAQ: MVIS), BlackBerry Limited (NYSE: BB) is one of the most popular stocks Reddit’s WallStreetBets is talking about today.

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