BlackBerry Soars 39% Year to Date: Is the Stock Still a Buy?

BlackBerry Limited’s (BB) shares have rallied 38.9%, significantly outpacing the Computer Software industry’s decline of 0.6% and the S&P 500 composite’s growth of 2.5% year to date.Blackberry has also outperformed the broader Zacks Computer & Technology sector’s return of 1% and peers within the cybersecurity space, such as Fortinet (FTNT) and CrowdStrike Holdings, Inc. (CRWD) , which have gained 14% and 23.3%, respectively, over the same time frame.Price PerformanceImage Source: Zacks Investment ResearchB ...