BlackBerry Ltd (BBRY): What’s in a Z-score?

Where does BlackBerry go from here?
The outlook looks bleak for BlackBerry Ltd (NASDAQ:BBRY) as it fights back from an awful year where revenues dropped 40% from the previous year. The long-awaited “BlackBerry Saviors,” the Z10 and Q10, hit the market with a proverbial thud after delays and missteps. And while many think the company is trading at a “cheap” price-to-book and price-to-tangible book value, that is predicated on a corporate turnaround and return to profitability. Management’s strategic committee is a signal that that will not happen soon. Going private, making an acquisition, and participating in a merger are always options. However, “event investing” is an inherently risky proposition. Investors should continue to monitor this company for signs of progress, but stay away from it in the interim.

The article Is the Worst Priced Into BlackBerry? originally appeared on Fool.com.

Jamal Carnette owns shares of Apple. The Motley Fool recommends and owns shares of Apple and Google. 

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