Zacks Research has given BlackBerry a positive-growth rating, which they call a Growth Style Score (GSS), of B. That means they expect BlackBerry to grow.
The GSS analyzes the growth prospects and financials of a company by looking at many different factors, such as the company’s income statement and balance sheet. The final score is a letter between A and F, with A indicating that the stock has the best growth prospects. So the B that they gave BlackBerry is quite good. The short sellers are going to hate that. :-)
The timing of this is good too, when you consider investors are dumping Apple’s stock and looking to put their money in a stock that will grow.
Hopefully more financial companies will see the light and give BlackBerry and their shares the positive ratings they truly deserve.