NOK Stock Recommendation: Why Nokia Deserves A Price Target of $5.30

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.

Summary

  • I reiterate the buy rating I gave Nokia’s stock last May 11. The stock has since risen +20% but I’m highly confident it still has more upside potential.
  • Recent 5G contract wins convinced me that NOK deserves a 1-year price target of $5.30.
  • NOK’s 1-month price return is +17.34%. This is thanks to the new U.S. sanctions against Huawei. Going forward, I expect this stock to have a YTD gain of +30% or more.
  • Analysis of weekly technical indicators and recent moving averages produced a buy endorsement for Nokia’s stock.
  • Cloud computing giants Tencent and Baidu recently chose Nokia as their supplier for optical data center interconnect or DCI networks.

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Nokia Stock Forecast: Nokia Is A Cheap Bet On 5G Revolution

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.

Summary:

  • The COVID-19 pandemic has delayed the onset of the global 5G revolution. We should still bet on companies involved in the 5G infrastructure rollout business.
  • In spite of this pandemic, the 5G infrastructure industry is still growing at an estimated 51.01% CAGR. This niche market is expected to be worth $22.93 billion by 2025.
  • It is therefore judicious to go long on Nokia. Nokia is still the world’s no.2 vendor of telecom equipment products (3G, 4G, and 5G).
  • Nokia’s stock has a one-year price return of -28.11%. NOK is now very affordable to own. It trades at only 0.80x Price/Sales valuation. NOK’s forward P/E is just 11. 44x.
  • I Know First has a slightly bullish one-year outlook for Nokia’s stock. The deteriorating US-China relationship is a long-term tailwind for NOK.

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Nokia Stock Forecast: 2 Strong Reasons To Go Long Nokia

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.

Summary:

  • Nokia’s stock has a 6-month price return of 10.22%. I am still endorsing it as a buy.
  • Like Ericsson and Cisco, Nokia is also an obvious beneficiary of the US-led anti-Huawei campaign. Discrimination against Huawei is a tailwind for Nokia.
  • Nokia and Alcatel-Lucent has 5G infrastructure solutions and network routers and Ethernet switches. Huawei has been growing at the expense of Nokia.
  • The other tailwind for Nokia is HMD Global’s recent unveiling of new smartphones. The Nokia 9 PureView is the world’s first penta-camera handset.
  • The Nokia 9 PureView is a flagship handset raised the global brand power of Nokia phones.

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Nokia Stock Prediction: The Digital Healthcare Industry Is Why You Should Stay Long Nokia

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 Stock Prediction: The Digital Healthcare Industry Is Why You Should Stay Long Nokia

Summary:

  • Apple is helping Nokia’s growth as a vendor of intelligent health monitoring gadgets. The connected health industry is expected to be worth $160 billion by 2020.
  • After subsidizing the Nokia 6 Android phone for its Prime subscription program, Amazon is also helping Nokia sell its health monitoring gadgets.
  • Slowly but surely, Nokia is making a comeback in consumer electronics. Nokia needs to get involved in consumer electronics to keep people and investors interested in its stock.
  • The upcoming launch of HMD Global’s flagship phone, the Nokia 8 can further revive interest in the brand. The ‘bothie’ camera feature makes the Nokia 8 unique and attractive.
  • Nokia needs to help HMD Global. The success of Nokia Android phones raises brand awareness for Nokia health monitoring gadgets.

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QCOM Stock Analysis: Qualcomm And Apple Will Likely Settle Their Patents Licensing Dispute

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

QCOM Stock Analysis

Summary:

  • Apple sued Qualcomm last January for allegedly overcharging on patent licensing fees. Apple also stopped paying royalty fees to Qualcomm earlier this year.
  • In retaliation, Qualcomm sued in May four contract manufacturer partners of Apple, Foxconn, Compal, Pegatron, and Wistron. Qualcomm has also sued Apple in the U.S. federal court and the ITC.
  • The ITC or the U.S. International Trade Commission announced last August 8 that it will proceed with the patent infringement suit filed by Qualcomm against Apple.
  • Apple settled its patent dispute with Nokia. Nokia filed suit earlier this year aiming to ban sales of iPhones in key countries. Apple made an upfront payment of $2 billion to settle with Nokia.
  • I expect Apple to also settle out of court with Qualcomm before 2017 ends. It is always cheaper to pay patents licensing fees than risk a court-ordered import ban on iPhones.

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Amazon Stock Analysis: Amazon Is Subsidizing A Nokia Android Phone

motek 1 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

Amazon Stock Analysis

Summary:

  • Amazon is the most valuable e-commerce company today.
  • It touts more than 80 million Prime members. Amazon is now offering a deeply discounted Nokia 6 Android phone to as a Prime Exclusive phone in America.
  • The backing of Amazon could hasten the revival of Nokia’s brand power in North America. The more Nokia Android phones that are sold, the better it is for Nokia’s licensing business.
  • Nokia also needs its brand to regain more public awareness. It is now a digital health device vendor.
  • I Know First has positive near and long-term algorithmic forecasts for NOK.

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Nokia Stock Prediction: Nokia Can Use The Patent Licensing Fees From Apple To Promote Nokia-Branded Android Phones

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.

 

NOK Stock Prediction

Summary:

  • Nokia’s stock price has risen +22% since my last Buy recommendation for it last March.
  • I am still reiterating NOK as a buy. I like Nokia’s grand plan to be a leader in the $65 billion digital healthcare services industry.
  • The new multi-year patent licensing deal with Apple has long term benefits. Nokia can use the licensing/royalty fees to finance its expansion as a health monitoring gadgets/services provider.
  • Nokia could also use the licensing money from Apple to help advertise HMD Global’s Nokia-branded Android phones.
  • NOK has positive short and long-term algorithmic forecasts scores from I Know First. Now is the right time to go long on NOK.

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Nokia Stock Outlook: It’s Time To Bet On Nokia’s Comeback in Smartphones

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 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.

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