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Nokia Corporation Message Board

  • concordkitchens concordkitchens Sep 20, 2012 9:54 AM Flag

    Fundamentally, Nokia has some positives. Nokia is trading for approximately 93% of book value and only 25% of sales. EPS next year is expected to rise by 83%. Nokia pays a dividend with an 8.71% yield.

    Technically, the stock has rebounded nicely since July and is currently in the beginnings of establishing an uptrend. The stock has continued to post higher highs and higher lows.

    Nokia's future looked extremely dim in July. The company practically had to give its phones away at the time. What a difference a couple of months make. The win by Apple (AAPL) over Samsung (SSNLF.PK) regarding handsets seems to have provided an opening for Nokia. With Microsoft (MSFT) backing Nokia thFundamentally, Nokia has some positives. Nokia is trading for approximately 93% of book value and only 25% of sales. EPS next year is expected to rise by 83%. Nokia pays a dividend with an 8.71% yield.ings just got interesting for this stock. The risk/reward ratio looks positive for the stock here. The stock is a buy.

    Sentiment: Strong Buy

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5.69-0.01(-0.18%)Aug 26 4:02 PMEDT