| BlackBerry |
| Formally known as Research in Motion, BlackBerry's (BBRY) short interest has been climbing steadily since April 2012, tripling to more than 155 million shares. This equals 30% of the outstanding shares. This increase comes despite the latest numbers revealing revenues at just under $2.7 billion with a profit of 22 cents a share. |
Most interestingly for the bulls, the company's cash balance remained steady at just under $3 billion, providing BlackBerry a potential lifeline.
Of the three stocks, I like this company the most due to its substantial number of shares short, which will likely trigger a short squeeze on any additional bullish news. Technically, support in the $13 range makes this stock a prime candidate for a breakout trade above $15. I wouldn't be surprised to see this stock at $20 within the next 18 months.
Risks to Consider: It's important to remember that although a company may face high odds for a short-squeeze rally, one isn't guaranteed to occur. In addition, all three of these companies have substantial headwinds to battle.