u/ResponsibilityOk8962

The author argues BlackBerry is quietly becoming a leader in automotive cybersecurity through its QNX software, already running in over 235 million vehicles, positioning it at the center of connected and software-driven cars. The same secure operating system can expand into robotics as factories, delivery bots and autonomous machines scale, and the company has cut costs, sold legacy hardware and shifted to recurring software revenue. The author considers the stock undervalued relative to its long-term role in EV and autonomous security and has started a small position.

The author argues Snap's new $1.99/month charge for memories over 5GB will convert a large base of upset college-age users into paying subscribers, driving a substantial revenue increase. The mechanism is subscription monetization of an existing 19-34 user base, with the author estimating ~30% of 400M users paying $24/year (~$2.88B) as a bull case, or roughly half that as a more conservative outcome versus current $5.77B annual revenue. The catalyst is the 12-month grace period ending, with the stock expected to pop through 2026 and rise significantly in 2027. Main stated risk is that the bull case is aggressive and adoption may fall short.