I Know First Review: Will NOK Be Able To Keep Up With Todays Competition

I Know First Review

I Know First Review

Nokia Corporation is a Finland-based company that invests in technologies. The Company operates through three business segments: Nokia Networks, HERE and Nokia Technologies. Nokia Networks offers network infrastructure software, hardware and services. Nokia Networks has two segments: Mobile Broadband and Global Services.

I Know First also wrote a Seeking Alpha Article about Nokia on July 8th, claiming that Amazon has a bullish signal for the long term, indicating that the way to increase revenue will come from signing rewarding royalty contracts with major mobile phone companies. Since that time, the stock price has increased 11.33%, as the article correctly predicted.

Nokia Corporation (NYSE:NOK) have gone down by -1.36% in last trading period. With the most recent upward movement, it has quarterly performance of 13.22% and for the month it is negative at -3.06%. The shares plunged about -5.07% since the start of year. Out of 11 analysts covering Nokia , 8 rate it “Buy”, 1 “Sell”, while 7 “Hold”.

According to Zacks Investment Research, “Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges.”

I Know First Review

(Figure 1: NOK  forecast 8th July ’15)