NOK - Nokia Corporation
| Previous Close | 4.94 |
| Open | 5.07 |
| Bid | 0.00 x 36100 |
| Ask | 5.16 x 900 |
| Day's Range | 5.00 - 5.12 |
| 52 Week Range | 4.71 - 6.65 |
| Volume | 42,310,542 |
| Avg. Volume | 26,374,793 |
| Market Cap | 28.7B |
| Beta (3Y Monthly) | -0.14 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.19 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.24 (4.13%) |
| Ex-Dividend Date | 2018-05-31 |
| 1y Target Est | 6.54 |
- ACCESSWIRE•12 hours ago
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of EB, NTNX and NOK
NEW YORK, NY / ACCESSWIRE / May 20, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...
- ACCESSWIRE•13 hours ago
DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Nokia Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 20, 2019 / The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Nokia Corporation (''Nokia'' or ...
- ACCESSWIRE•15 hours ago
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of NOK, EQBK and KSHB
NEW YORK, NY / ACCESSWIRE / May 20, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...
- ACCESSWIRE•16 hours ago
Bronstein, Gewirtz & Grossman, LLC Class Action Update - EB, AAPL & NOK
NEW YORK, NY / ACCESSWIRE / May 20, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. If you suffered a loss, you can request that the Court appoint you as lead plaintiff.
- TheStreet.com•19 hours ago
Dow Futures Dip, European Tech Slides, as Huawei Blacklist Adds to Trade Concern
Global stocks edge lower as moves to remove and delay tariffs last week by the White House were offset by the tech sector's reaction to the U.S. blacklisting of Huawei. Optimism was held in check by comments from President Donald Trump threatening the "end of Iran" as tension in the Gulf region continue to flare. Global oil prices jump higher following the President's Iran-related Tweet and comments from Saudi energy minister Khalid al-Falih that suggests the cartel will extend its agreement on production cuts next month in Vienna.
- Zacks•3 days ago
Nokia Partners with Ooredoo Qatar to Build 5G Core Network
Nokia's (NOK) AirFrame, CloudBand, voice and Cloud Packet Core, and Nuage Networks Software Defined Network are likely to enhance Ooredoo Qatar's network performance.
- ACCESSWIRE•4 days ago
FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of EB, S and NOK
CEDARHURST, NY / ACCESSWIRE / May 17, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.
- InvestorPlace•4 days ago
3 Big Stock Charts for Friday: PPL, Electronic Arts and Tyson Foods
Stocks started yesterday's action out on a firmly bullish foot, but didn't end the session quite as enthused. Up as much as 1.44% near the middle of the day, the S&P 500 was dialed back to a gain of only 0.89%. It's not clear how much conviction the bulls have, or don't have.Source: Allan Ajifo via Wikimedia (Modified)Leading what was left of the bullish charge was Nokia (NYSE:NOK), up nearly 4% mostly as a snapback from nearly a month's worth of strong selling. A potential end to trade worries was inspiring enough to cut into the stock's 18% slide since late April. Pinterest (NYSE:PINS) was the big winner for the regular session though, rallying nearly 8% headed into its post-close earnings report that turned into a 15% loss in after-hours action. This year's revenue outlook was a major letdown.At the other end of the spectrum, iron ore miner Vale (NYSE:VALE) fell more than 4% after it warned yet-another one of its mines is in danger of collapsing.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy that Lost 10% Last Week None of those names are top trading prospects headed into the final trading day of the week, however. Rather, it's the stock charts of PPL (NYSE:PPL), Electronic Arts (NASDAQ:EA) and Tyson Foods (NYSE:TSN) that are shaping up as the best bets. Here's what should happen next. PPL (PPL)Utility stock PPL had plenty of help moving lower yesterday. The entire sector lost ground as traders migrated out of the safety they tend to offer and back into riskier sectors.PPL was unique, however, in the sense that the stumble carried shares to new multi-week lows, and did do on lots of volume. There's a chance any budding pullback could be caught before it spins out of control, but there's also a chance it might not find support at that floor. Click to Enlarge * The floor in question is currently at $26.80, plotted with a yellow dashed line on both stock charts. That line tags the last two major lows. * Yesterday's weakness also took shape on unusually high volume, yet wasn't prodded by the news. This could be a hint there are more sellers waiting in the wings to see a little more trouble before bailing out. * On the flipside, regardless of what happens from here, new technical ceilings have been defined. The upper one of those is as high as $37, lining up with the string of higher highs seen in the latter half of last year. It just may not matter for a while. Tyson Foods (TSN)It's tempting to want to get on the Tyson Foods train. Shares are up a stunning 65% from their late-December low, and still appear to be accelerating. The higher it flies, the seemingly stronger it gets.The rally is setting up to be more of a trap, however, luring in the last of unsuspecting investors before the buyers unload into that strength and kickstart a pullback. It hasn't started yet, but we saw a subtle hint in yesterday's bar that suggests we could be at the pivot point. And, the future is primed for selling. * Top 7 Dow Jones Stocks of 2019 -- So Far Click to Enlarge * As of yesterday's close, TSN shares are 31% above the white 200-day moving average line. That's even more divergence than we saw in late-2017 when a massive selloff took shape. * The shape of Thursday's bar is also a concern. The open and closer were in the bottom half of the intraday high/low range, suggesting yesterday was the point that transitioned from a net-buying to net-selling environment. * Although yesterday's bar is a red flag, it's only confirmed by a move lower, and ideally an open within Thursday's intraday range followed by a close below yesterday's low. * The weekly chart's RSI indicator has been into overbought territory for a while, which doesn't happen often, and didn't last long the last time we saw it happen. Electronic Arts (EA)Electronic Arts is one of those names investors seem to know they punished too severely in the latter half of last year, but have been hesitant to undo that damage.Traders are increasingly willing to test the waters for a potential turnaround though. The repetition of this effort is telling in and of itself, but the simple act of forcing more and more 'trial balloons' is chipping away at the big technical ceiling as well. One more good day could get EA over the hump. Click to Enlarge * That 'hump' is mostly the 200-day moving average line, plotted in white on both stock charts. * Simultaneously, the major peaks going back to February line up to make a near-term technical ceiling that as of yesterday is being pressured again. * Zooming out to the weekly chart we can see the Chaikin line is back above zero, and the MACD lines are showing a new bullish divergence. The budding uptrend already has multiple tailwinds.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Sell Before They Tank Your Portfolio * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Low-Priced, High-Potential Tech Stocks to Buy Compare Brokers The post 3 Big Stock Charts for Friday: PPL, Electronic Arts and Tyson Foods appeared first on InvestorPlace.
- GlobeNewswire•4 days ago
Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Whitestone, Fusion, Nokia, and Sprint and Encourages Investors to Contact the Firm
NEW YORK, May 17, 2019 -- Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Whitestone REIT, Fusion.
- ACCESSWIRE•4 days ago
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Nokia Corporation of Class Action Lawsuit and Upcoming Deadline - NOK
NEW YORK, NY / ACCESSWIRE / May 16, 2019 / Pomerantz LLP announces that a class action lawsuit has been filed against Nokia Corporation ("Nokia" or the "Company") (NOK) and certain of its officers. The class action, filed in United States District Court, for the Southern District of New York, and indexed under 19-cv-03982, is on behalf of a class consisting of all persons and entities who purchased or otherwise acquired Nokia's securities between April 15, 2015 through March 21, 2019, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
- ACCESSWIRE•4 days ago
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of ZGNX, MWA and NOK
NEW YORK, NY / ACCESSWIRE / May 16, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have ...
- Business Wire•4 days ago
Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Nokia Corporation
Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming June 18, 2019 deadline to file a lead plaintiff motion in the class action filed on behalf of Nokia Corporation (“Nokia” or the “Company”) (NYSE: NOK) investors who purchased securities between April 15, 2015 and March 21, 2019, inclusive (the “Class Period”). If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, at 310-201-9150, Toll-Free at 888-773-9224, or by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. On March 21, 2019, the Company disclosed that it had been, “made aware of certain practices relating to compliance issues at the former Alcatel Lucent business [acquired by Nokia November 2016] that have raised concerns.” Nokia then advised investors that it had initiated an internal investigation and that it was cooperating with regulatory authorities to resolve the matter.
- ACCESSWIRE•4 days ago
FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of MBT, NOK and XENT
CEDARHURST, NY / ACCESSWIRE / May 16, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.
- GlobeNewswire•4 days ago
Bronstein, Gewirtz & Grossman, LLC Class Action - EB, AAPL & NOK
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. If you suffered a loss, you can request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the litigation.
- ACCESSWIRE•5 days ago
SHAREHOLDER ALERT: EB MWA NOK: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
NEW YORK, NY / ACCESSWIRE / May 16, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have ...
- InvestorPlace•5 days ago
5 Low-Priced, High-Potential Tech Stocks to Buy
[Editor's note: This story was previously published in April 2019. It has since been updated and republished.]Given their surge over the last few years, tech stocks aren't cheap -- at least when it comes to their actual share prices. Top leaders like Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOG, NASDAQ:GOOGL) can be had for north of a grand per share, while even smaller tech stocks like ServiceNow (NASDAQ:NOW) can be had for over $100 per share. And while, as we said before, "price is what you pay, value is what you get," there is something about buying cheap stocks that can result in higher returns.So, if it was possible to combine the potential of tech stocks with the financial advantages of low-priced ones, you'd have very powerful weapon indeed.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy that Lost 10% Last Week Luckily, there are a number of those stocks to buy. These cheap tech stocks can be had for under $15 per share, and many of them have plenty of catalysts to propel them forward. They aren't without risk, but they do have plenty of reward potential. So which of those stocks should you look to buy?Here are five cheap tech stocks to buy for your portfolio. Cheap Tech Stocks to Buy: Fitbit (FIT)Source: Shutterstock Share Price: $5.10It's no surprise that former wearable device superstar Fitbit (NYSE:FIT) is now a low-priced tech stock. The device marker spent much of 2017 and 2018 in freefall as wearable device growth has failed to catch up with lofty expectations. And as fellow InvestorPlace contributor Josh Enomoto has mentioned, the segment has been a victim of the dreaded "C" word -- commoditization.So, why be bullish on the floundering device maker?It comes down to healthcare, health insurance and FIT's low prices for devices.John Handcock made waves last year when it announced that it was no longer underwriting traditional life insurance policies and will only be issuing more dynamic policies tied to a wearable device. Corporate America is getting in on the act as well and has started to offer incentives/breaks on health insurance to employees wearing fitness trackers.For FIT, this could be its opportunity. A low price, a name brand and a huge data set of active users makes it an ideal partner in these instances. With healthcare costs rising, firms and employees are going to be doing everything they can to get insurance premiums lower. Already, sales at FIT seem to be picking up. With tracking requirements becoming the norm, Fitbit could be a major winner.And at just over $5 per share, it's worth that gamble. Glu Mobile (GLUU)Source: Shutterstock Share Price: $8.84One-hundred and twenty-two percent. That's a great yearly return for any stock, yet one that makes mobile games for your smart-phone. But for Glu Mobile (NASDAQ:GLUU), its 2018 return may just be a drop in the bucket. That's because GLUU's turnaround is finally paying off.A few years ago, mobile gaming was super hot -- and then the bottom dropped out. GLUU and its rivals were hit hard. In that downturn, the game developer's management undertook a big turnaround plan. For starters, they focused more on games they fully owned rather than celebrity licensed properties. This allowed them to reap higher margins from in-app purchases and downloads. With bookings rising for these so-called growth games, Glu was actually able to be cash flow positive during the fourth quarter.GLUU was also able to reduce its debt load and build a strong cash balance over the last year.With that, GLUU stock has surged. The best part is that the firm's development pipeline still seems robust, with several potential hits coming over the next few quarters. This includes a new World Wrestling Entertainment (NYSE:WWE) game as well as a title under license from Walt Disney's (NYSE:DIS) Pixar. Moreover, several other games in development are targeted at female gamers -- an underrepresented niche. That gives Glu a potentially huge market all to itself.With the firm now firing on all cylinders and gaming still going strong, the less than $9 per share tech stock seems like a bargain at a P/E of 26. Nokia Oyj (ADR) (NOK)Source: Shutterstock Share Price: $4.95Ask many people what they think about Nokia Oyj (ADR) (NYSE:NOK) and odds are, they will say "washed up." And that may be true to a point -- when it comes to devices. But Nokia still remains one of the most important tech stocks in the entire wireless world. The reason comes down to one letter and one number.I'm talking about 5G.As its handset leadership position was fading, Nokia made two shrewd buyouts: industrial conglomerate Siemens' networking business and the Alcatel-Lucent assets. With those two buys, Nokia became an equipment maker that brings all the data, voice and video to the end users. Who cares about what device it's on?This switch has been wonderful for NOK stock. Current 4G networks aren't cutting it with all the streaming video, mobile commerce and gaming we're now doing on our phones and tablets. Because of that, telecom firms are now spending some big bucks to upgrade their networks. And a lot of it is coming NOK's way.Sales at Nokia continue to rise, clocking in at 5 billion euros last quarter. The bulk of that was networking and 5G hardware.And yet, NOK shares remain a castaway among cheap tech stocks. At under $5 and with a 3.8% dividend yield, it's a good stock to buy. TeleNav (TNAV)Source: Shutterstock Share Price: $7.13Sometimes partnering with a larger firm can boost the fortunes smaller tech stocks. For TeleNav (NASDAQ:TNAV), that means being buddies with Amazon (NASDAQ:AMZN). Amazon has been looking for ways to get its AI voice assistant, Alexa, into more devices and into every American's home. A big push in that is into automobiles. This is where TNAV comes in.TeleNav provides several location-based systems to create a smarter, safer & more personalized user experience for drivers. This includes routing, guidance, positioning and search. The kicker is that TNAV's systems are much more than just your normal GPS. They use AI and voice assistants, allow advertisers and in-car commerce -- such as go-ahead ordering -- and the like. Amazon joined with TNAV in a deal that would make Alexa front and center in its units.What TNAV is really doing is building a portfolio of data that Amazon or other firms could potentially massage and exploit later on. What it gets is a huge platform to build on for future real-time advertising, sales and infotainment options. It's a win-win for TNAV, AMZN and other future partners.The opportunity is huge. And yet, TNAV trades at just around $7 per share. That's a huge bargain for its potential -- even more so when considering that firm continues to grow its revenues like weeds and finally has achieved positive cash flows at the end of last quarter.In the end, this is one tech stock that won't stay low-priced for much longer. As a result, it's a good stock to buy. 3D Systems (DDD)Source: Image via 3D SystemsShare Price: $8.73One of the biggest trends in industrial manufacturing, healthcare and even tech itself is 3D printing. The ability to create three-dimensional objects out of metals, plastics or even biopolymers is truly exciting. And over the years, 3D printing has gone from a niche hobby to mainstream production. Leading the way has been top tech stock 3D Systems (NYSE:DDD).However, lately, DDD has been a shell of its former self. The former high flyer and triple-digit-priced tech stock can now be had for around $8.75. At that price, 3D may be a big-time buy.For one thing, the firm is growing. Last year, DDD's revenues jumped 6.4% year-over-year to $687.7 million. At the same time, the growth in several key areas allowed 3D to realize a profit. Adjusted earnings per share for all of 2018 came in at 15 cents. That was versus a loss per share of 2 cents recorded in 2017. So, things have gotten a bit better at DDD now that 3D printing has gained significant steam.And the firm has more levers to pull. DDD continues to push harder into healthcare and the dental sector. Prosthetics, implants and braces have the potential to be massive markets for the firm, one that is being tapped just now.For investors, DDD stock's fall from grace has more to do with it simply losing its momentum and fad status. Which means, value hunters can snag shares of this low-priced tech stock for basement-level prices, making it a good stock to buy.At the time of writing, Aaron Levitt was long AMZN. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post 5 Low-Priced, High-Potential Tech Stocks to Buy appeared first on InvestorPlace.
- Zacks•5 days ago
US Adds Huawei to Entity List: Game, Set, Match in Tech War?
As Huawei enters the Entity List, U.S. suppliers like Qualcomm (QCOM) and Broadcom (AVGO) will have to apply for licenses to provide components to the Chinese firm.
- GlobeNewswire•5 days ago
Nokia to help Ooredoo Qatar take 5G lead with its cloud native core network
Press Release 16 May 2019 Doha, Qatar - Ooredoo Qatar has selected Nokia to build a 5G cloud native core network to support delivery of enhanced mobile broadband.
- ACCESSWIRE•5 days ago
CLASS ACTION UPDATE for MWA, NOK and KSHB: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / May 15, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested ...
- Business Wire•5 days ago
Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Expanded Class Period and Looming Deadline in the Class Action Lawsuit Against Nokia Corporation
Law Offices of Howard G. Smith reminds investors of the upcoming June 18, 2019 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Nokia Corporation (“Nokia” or the “Company”) (NYSE: NOK) securities between April 15, 2015 and March 21, 2019, inclusive (the “Class Period”).
- ACCESSWIRE•5 days ago
CLASS ACTION UPDATE for AAPL, NOK and KSHB: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, NY / ACCESSWIRE / May 15, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested ...
- GlobeNewswire•5 days ago
NOK ALERT: Zhang Investor Law Announces the Filing of a Securities Class Action Lawsuit Nokia Corporation – NOK
Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of Nokia Corporation (NOK) from April 15, 2015 through March 21, 2019, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Nokia investors under the federal securities laws. If you wish to serve as lead plaintiff, you must move the Court no later than June 18, 2019.
- InvestorPlace•6 days ago
Nokia Stock Looks Like an interesting Contrarian Play Here
There's nothing to be impressed about Nokia (NYSE:NOK) stock this year. It seems like nothing is going right. So far, the return on Nokia stock price is a miserable -17%, despite a strong bull move in the tech space.Source: Shutterstock But there is nothing new about this. Let's face it, Nokia stock has not had much traction for quite a while. Note that the average return for the past decade is -5.81%.Despite all this, might there still be a contrarian play here? Maybe the company's strategy is the right one? Hey, after all, we've seen slumbering tech gains like Microsoft (NASDAQ:MSFT) and Adobe (NASDAQ:ADBE) find ways to renew their businesses. And this has resulted in substantial gains for shareholders.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Forever Stocks to Buy for Long-Term Gains So, could there potentially be something similar with NOK stock? Granted, this may seem kind of laughable right now. The company has shown lapses in execution, as witnessed in its latest earnings report. Nokia posted a loss of 2 cents a share and revenues of $4.49 billion, while the Street was looking for a profit of 2 cents a share and revenues of $5.06 billion.But when it comes to transforming a company, the progress can be choppy. Competition remains tough and there are long sales cycles.However, NOK is still a much better company today, as it has done much of the needed heavy-lifting of cost cutting and restructuring to streamline operations. There have also been some major acquisitions, such as for Alcatel-Lucent.Yet, the most important potential catalyst is the emergence of 5G. As an indication of the importance of this trend, look at Apple (NASDAQ:AAPL). It appears that the key reason it settled its massive lawsuit against Qualcomm (NASDAQ:QCOM) was to ensure that the company has the necessary technology for 5G. This technology is a must-have.While mobile network transitions do not necessarily result in major demand for equipment, this time is likely to be different. Speeds for 5G are likely to be 100 times faster than 4G, which means there will probably be a surge in innovation. And this means more than just greatly improving smartphones. There will also be opportunities in categories like IoT (Internet-of-Things), gaming, education, autonomous cars and so on.To play in this market, there needs to be secure, reliable and scalable technology. And yes, NOK is one of a few companies that that has these capabilities with its systems.Another important factor: The US-China trade standoff. This means that the US will block out a fierce competitor -- mainly, China's Huawei.And finally, Nokia has a valuable patent portfolio. On the earnings call, CEO Rajeev Suri remarked that there will be continued strength from the portfolio that should provide "considerable monetization opportunities." Bottom Line on NOK StockThe move to 5G has certainly not been without its challenges -- and this should be no surprise. The technology is complicated and requires dealing with onerous rules and requirements. But as for NOK, management is still optimistic and believes that the second half of the year will see a pick-up in the business. There is also about 200 million in euros of revenues that are expected to be recognized during this period of time. * 10 Retirement Stocks That Won't Wilt in a Bear Market Something else: NOK stock is quite cheap at current levels, with the forward price-to-earnings multiple at 12 or so. Oh, and the dividend yield is an attractive 4.13%. This is among one of the highest in the tech sector.In other words, NOK stock does look like an interesting value play on the 5G opportunity.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post Nokia Stock Looks Like an interesting Contrarian Play Here appeared first on InvestorPlace.
- GlobeNewswire•6 days ago
CLASS ACTION UPDATE for NOK, EQBK and KSHB: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, May 15, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
