Nelson2
4 days ago
Enjoy this skinny boyz. I did
In this article, we discuss the top 15 long-term stock picks of billionaire Prem Watsa.
2. BlackBerry Limited (NYSE:BB)
Number of Hedge Fund Holders: 15Β Β Β
Fairfax Financial Holdingsβ Stake: $122.4 millionΒ
BlackBerry Limited (NYSE:BB) provides intelligent security software and services to enterprises and governments worldwide. These aspects illustrate why the company stands out as an investment opportunity. The first thing that makes this company a great investment choice is its solid finish to the fiscal year 2024, setting a number of new records in the process. As per the report for the fourth quarter of 2024, the total revenue was $173 million, and the total non-GAAP and GAAP gross margin increased to 75%. Additionally, IoT revenue was an all-time quarterly record $66 million, a 25% year-over-year increase; IoT gross margin remained at 85%. All these metrics give the company a competitive edge and show the companyβs strategic focus on high-growth areas like IoT and financial health. Secondly, the company has collaborated with Advanced Micro Devices to revolutionize next-generation robotic systems. Moreover, QNX, a division of BlackBerry Limited, has announced collaborating with Microsoft to make it easier for automakers to build, test, and refine software within the cloud, accelerating the development of Software-Defined Vehicles (SDVs).
GLTA
Nelson2
2 weeks ago
NICE!
βwe work with pretty much every single automaker. So I often get, well, what do you think about EV not performing as well as well. EVs or internal combustion engine cars, they each have a digital cockpit. They each have ADAS systems. So if one's winning, one's losing, but there's QNX probably in all of them. So we sort of ride with the tide on that.