Opinions Francis Gannon
NokiaNOKTOP PICKNov 12, 2004
A cheap stock. Got hurt earlier in the year, but has great fundamentals. Introducing new products. Will spend less money on R&D next year, so earnings will grow more.
Francis GannonOwned
$16.63
Stock price when the opinion was issued
Telecommunications
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Premium contentTOP PICK
In the last quarter, the company reported 0.06 USD per share, beating the 0.04 USD estimate by 32.96%. Revenue for the same period reached 5.27 B USD, despite the estimate of 5.33 B USD. For the next quarter, analysts expect 0.06 USD in earnings per share and 5.60 B USD in revenue. Social media mentions are up 819% in the past 24h.
Telecommunications
Premium contentPAST TOP PICK
(A Top Pick Dec 14/21, Down 15.8%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with NOK has triggered its $5 stop. To remain disciplined, we recommend covering the position at this time. When combined with the previous buy recommendation, this will result in a net investment loss of 14%.
Telecommunications
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly With a strategy of expanding its 5G equipment rollout into such markets as China and Taiwan, we reiterate NOK as a TOP PICK. Although its feature phones are ranked 3rd in global sales (and doing great in developing markets globally), we like their 5G strategy. Trading at 15x next year's earnings, it is good value here. We recommend trailing up the stop (from $4.75) to $5.00, looking to achieve $7.50 -- upside potential over 25%. Yield 0% (Analysts’ price target is $7.41)
Telecommunications
DON'T BUY
Will 5G lift this stock? It was THE phone story before Androids. Phone own Nokias now. It's challenged as a pure-play phone company. Perhaps they should get out of phones. 5G is interesting for NOK; you can make a business case that they have upside ahead, given shifting competition around the globe. Overall, though, he'd stay away from Nokia.
Telecommunications
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly NOK has been expanding its 5G equipment rollout into such markets as China and Taiwan. This is expected to help return profitability this year and help advance EPS growth back over 16% over the next five years. Trading at 17x next year's earnings, it is good value here. We would buy this with a stop loss at $4.75, looking to achieve $7.25 -- upside potential over 20%. Yield 0% (Analysts’ price target is $7.16)
Telecommunications
