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.
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Samantha Fischler is a Financial Analyst at I Know First. She is currently a candidate for her bachelor’s degree in Accounting with a Concentration in Finance at Binghamton University.
Blackberry Stock Prediction
Summary- Blackberry reported a less than stellar third quarter
- The company may be making a new smartphone
- Blackberry is seeking to create secure software for self-driving cars
- I Know First maintains a bearish stance on BBRY for 2017