Nokia Stock Outlook: It’s Time To Bet On Nokia’s Comeback in Smartphones
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
Nokia Stock Outlook
Summary:- HMD Global’s Nokia Mobile Twitter page confirmed that its Nokia 6, Nokia 5, and Nokia 3 Android phones will retail in the USA.
- North America is still an important market for any smartphone vendor. Nokia’s comeback as a smartphone brand should not only be limited to China.
- HMD Global will probably leverage Nokia Networks’ close relationship with U.S. wireless carriers to help boost distribution of its Android phones.
- Carrier backing is always important toward the success of any new smartphone.
- Nokia’s stock has positive short-term and long-term algorithmic forecasts. Now is the best time to go long on NOK while it still trades below $6.