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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NOK Stock – Quick Win: 3.65% Return in 14 Days

On July 5th, 2015, The I Know First algorithm gave a bullish signal of 5.71 for the ticker NOK (Nokia Corporations), which had a strong predictability indicator of 0.16. In accordance with the algorithm’s prediction, Nokia's shares rose by 3.68% a fortnight after. Quick Win NOK
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