ALU Stock Predictions: Enticing Stock Pick

ALU Stock Predictions: Summary

  • Partnership with Nokia makes ALU a market force global mobile equipment.ALU
  • €900 millions of synergies as a result of the Nokia’s takeover of Alcatel-Lucent.
  • Presence in China reinforced by two new lucrative contracts with China Mobile and China Unicom.
  • Analysts are predicting ALU’s stock to rise.
  • I Know First’s algorithmic analysis is bullish on ALU.

 

French global telecommunications company, Alcatel-Lucent (NYSE:ALU), has experienced turbulent times over the years. Over a period of six-months, between October ’14 and April ’15, ALU value more than doubled from $2.36 to $4.93 but has now stabled out towards the $3.50 mark. If timed right, an investor could have made over 100% profit in a remarkably short time frame and there are multiple indicators that ALU stock could rise even further over the next months.

Alcatel-Lucent has not had a profitable financial situation for many years and their slow progression in joining the internet revolution in the mobile industry proved to be fatal for both them and Nokia. However, the combination of the two companies can resolve a lot of their misfortunes and revolutionize the respective companies’ fortunes. When the merger is finalized in 2016, the merged companies will be a particularly powerful player in the telecom market with a vast customer base.

As the stock continue to drop further, ALU stock appears to be becoming more and more enticing for investors. I Know First’s algorithmic forecast correlates with the bullish fundamental analysis, both for the short and long-term, distributing positive signals for ALU stock. A promising 2016, expanding operations in China and the present low share price, makes ALU look like one of the more favourable stock pick for long-term investors.

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