Cramer Quick Take: Time to Trade Into BlackBerry
NEW YORK (TheStreet) -- Is Jim Cramer a fan of BlackBerry
Cramer told Debra Borchardt at TheStreet.com Monday that the company's new device is not a game-changer, but the company does have a loyal fan base that is indeed worth something.
Cramer said he'd be a buyer of BlackBerry, for a trade, ahead of its earnings, where it's likely to report some good numbers thanks to reduced spending and the stabilizing of its subscribers. Beyond that, however, Cramer said he's not a fan of the stock in the longer term as it has been a football for analysts, being kicked around daily between $12 and $15 a share.
To sign up for Jim Cramer's free Booyah! newsletter, with all of his latest articles and videos, please click here.
-- Written by Scott Rutt in Washington.
To email Scott about this article, click here: Scott Rutt