Nokia Share Price: Upcoming Android Phones Could Boost Nokia’s Stock

September 25, 2016
motek 1The 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 Share Price

Summary:
  • Nokia’s stock is boring right now. Nokia’s YTD return of -20.51% is pretty disappointing.
  • Investors doesn’t seem to appreciate Nokia’s newfound glory as the world’s leader in LTE network infrastructure industry.
  • Foxconn releasing Nokia-branded Android phones might perk up investor interest in Nokia again.
  • Nokia will earn royalty/licensing fee on every Nokia-Android phones that Foxconn/HMD Global will ship out. Nokia-branded smartphones can be sold again this Q4 2016.
  • Nokia has buy signals from the market trend algorithmic forecasts of I Know First.

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