Buy, Sell or Hold: Nokia (NOK-N) — Stock Predictions at Stockchase

NYSE:NOK

5.90

0.01 (0.17%) 1d

Showing 1 to 15 of 273 entries

BUY on WEAKNESS

He is warming up to this for the first time since 1998. They're doing things right and he's waiting for the price to fall further.

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BUY on WEAKNESS

Almost always at the top of the volatility names. An important name in Europe. Coming off the long term range from last year. Probably some more upside but not a lot. A range trader.

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BUY

They're making a comeback. Perhaps part of this is due to the crackdown by the Chinese government against NOK's competitors, but at $5.80 this is a buy.

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TOP 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)

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BUY

They delivered a good quarter. He likes it.

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DON'T BUY

Samsung is doing well, but not Nokia. They're frankly not good enough.

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PAST TOP PICK

(A Top Pick Oct 22/20, Down 11.7%)Stockchase Research Editor: Michael O'Reilly We are recommending the exit of NOK as it has breached our recommended stop-loss at $3.75. The company just reported earnings that missed on both the top and bottom lines and reduced its balance of 2020 guidance by 10%. We are going to be disciplined and look for better opportunities.

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TOP PICK

Stockchase Research Editor: Michael O'Reilly NOK is emerging as a key 5G player, being #2 in holding 5G essential standard patents. As China-based Huawei continues to be embroiled with the US over national security issues, this is not an issue for this Finland based company. With next year's earnings growth exceeding 19% against its forward PE of only 13, this is good value here. We also like how the rally through October continues to hold its momentum. We would trade this with a stop-loss at $3.75 and look for a technical based objective back towards recent highs near $5.15 -- 20% upside. It pays a good dividend, backed by a 40% payout ratio. Yield 2.62% (Analysts’ price target is $5.03)

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DON'T BUY

Their product is too expensive, making the stock unattractive.

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DON'T BUY

Will its downturn continue? The Samsung deal with Verizon yesterday was huge and was a nail in the coffin of Nokia. He wishes they'd do a reverse split. The risk/reward is poor and is poised to sell further.

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BUY

Nokia vs. Ericsson These companies have come into their own since the US government has pressured other government to not use Huawei for their 5G networks. Ericsson has done well in 5G. Nokia made an acquisition of Alcatel-Lucent that was difficult to pull off but has since gotten a lot better. Nokia will do a little better than Ericsson. Nokia has new management.

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COMMENT

5G deployment is a key theme for him right now. NOK and CSCO are others in the space. He much prefers ERIC overall -- he thinks it could go to $12 per share.

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COMMENT

He does not own AMT today. In 5G, he prefers CSCO and NOK.

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COMMENT

A 5G producer? He has put his money on Ericsson, due to the their footprint and market share. Nokia has not been as consistent. This is a good time to enter he thinks and it is an area you can trade in.

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DON'T BUY

They surprised the market by suspending their dividend and announcing their guidance to be way below where analysts expected. They are blaming slow spending on 5G. They seem to have a tough time meeting expectations. Stay away.

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Showing 1 to 15 of 273 entries

Nokia(NOK-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 6

Stockchase rating for Nokia is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Nokia(NOK-N) Frequently Asked Questions

What is Nokia stock symbol?

Nokia is a American stock, trading under the symbol NOK-N on the New York Stock Exchange (NOK). It is usually referred to as NYSE:NOK or NOK-N

Is Nokia a buy or a sell?

In the last year, 6 stock analysts published opinions about NOK-N. 5 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Nokia.

Is Nokia a good investment or a top pick?

Nokia was recommended as a Top Pick by on . Read the latest stock experts ratings for Nokia.

Why is Nokia stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Nokia worth watching?

6 stock analysts on Stockchase covered Nokia In the last year. It is a trending stock that is worth watching.

What is Nokia stock price?

On 2021-10-19, Nokia (NOK-N) stock closed at a price of $5.9.

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