Jim Cramer Believes “BlackBerry Actually Is Good”

BlackBerry Limited (NYSE:BB) was among the stocks Jim Cramer highlighted during Mad Money, as he noted the rotation into defensive sectors. Toward the end of the lightning round, when a caller expressed interest in buying the stock, Cramer commented:

Look, BlackBerry actually is good. We’ve been looking at technology. Believe it or not, we were actually going to do a piece about why I think BlackBerry may be very interesting here. But as someone from Corning, come on, let’s go with the home team. Small, we don’t buy all at once.

Photo by Adam Nowakowski on Unsplash

BlackBerry Limited (NYSE:BB) provides secure, intelligent software, mobile application platforms, data protection, and critical event management systems, as well as asset monitoring and cryptography solutions. A caller inquired about the stock during the June 1 episode, and Cramer replied:

It’s got some really interesting technology in the auto world, and I’ve gotta tell you, I’ve been looking at it, was going to do a piece on, it kind of got away from me. I think it goes higher.

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