too many Wall Street haters of NOKIA
Today's is the biggest proof.....despite the upgrades and great earnings and the gigantic china dominance...still Nokia stock price is crippled by manipulators and Apple's fan writers..
I went today on Verizon's website and there was 301 reviews of excellent rating about Lumia 822...and how all of the reviewers were fooled by the cartoonish iOS and Android all these yrs...
ZACK's
We are upgrading our recommendation on Nokia Corp. (NOK) to Outperform based on the company’s fourth quarter of 2012 financial results, which significantly outpaced the Zacks Consensus Estimates.
Why the Upgrade
Nokia’s flagship Lumia series of smartphones received reasonable market traction in the lucrative North American region. Further, its mid-range Asha series of full touchscreen phones also performed well in the emerging Asia-Pacific region.
During the quarter, the company also improved its margins and cash position. A strong balance sheet with nearly $6 billion of net cash and a powerful patent portfolio will sustain the company’s long-term R&D activities. Moreover, Nokia Siemens Networks joint venture has shown signs of a turnaround. Nokia currently has a Zacks Rank #2 (Buy).
Sentiment: Strong Buy