With Low Expectations Now Priced In, Consider Nokia Stock A Buy [Yahoo! Finance News]
Nokia Corporation Sponsored American Depositary Shares (NOK)
Last nokia corporation sponsored american depositary shares earnings: 4/30 01:00 am
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Source: Yahoo! Finance News
With Nokia (NYSE:NOK) stock hammered by recent sell-offs, is now the time to buy? The telecom equipment also-ran has its work cut out for them. But while Huawei and Ericsson (NASDAQ:ERIC) may be ahead in 5G contracts, catalysts remain in motion.Source: RistoH / Shutterstock.com For one, the U.S. government has an interest in propping up Nokia. Preventing China-backed Huawei from dominating 5G remains a top concern. More far-fetched ideas, such as a U.S. takeover of Nokia, seem rather absurd. But having America in the company's corner remains a positive factor.But that's not all! With low expectations priced in, even partial success in 5G could help move the needle. A change in leadership could also improve odds of a turnaround. With shares trading at a discount to peers, upside potential may outweigh downside risks. Let's dive in, and see why Nokia stock could be a buy at today's prices.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Darkest Before The Dawn For NOK Stoc
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NOK
News
- Nokia acquires Rapid technology and R&D unit to strengthen development of network API solutions and ecosystemGlobeNewswire
- Nokia buys world's largest API hub from Rapid to cash in on 5G [Yahoo! Finance]Yahoo! Finance
- Nokia and Islalink achieve 800Gbps capacity-reach record over the IONIAN submarine cableGlobeNewswire
- NOK Solutions to Boost Africa's Fiber Network: Will the Stock Gain? [Yahoo! Finance]Yahoo! Finance
- Nokia, Reflex and Net Nine Nine partner to bridge the digital divide in South AfricaGlobeNewswire
NOK
Earnings
- 10/17/24 - Miss
NOK
Sec Filings
- 11/12/24 - Form 6-K
- 11/8/24 - Form 6-K
- 10/31/24 - Form 6-K
- NOK's page on the SEC website