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Cramer Quick Take: BlackBerry Is Still a Trade

Tickers in this article: BBRY
Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".


NEW YORK (TheStreet) -- The bulls and the bears continue to duke it out over BlackBerry and Jim Cramer told Debra Borchardt at TheStreet.com Thursday he still likes the stock for a trade.

Cramer explained that six months ago, BlackBerry was losing money. Since then it has cut costs and introduced products that are now making money. That doesn't leave a strong case for the bears, he said, especially given that BlackBerry could now be a takeover target.

Cramer said while he's not a roaring bull for a trade, the bulls still have an argument for why shares should be higher.

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-- Written by Scott Rutt in Washington.

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