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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NFLX Stock Forecast: Will Netflix survive the competition with Disney and AT&T’s WarnerMedia?

Kun
The article was written by Kun Qiu, a Financial Analyst at I Know First.

Summary

  • Netflix’s 2019 Q1 Financial Statements shows its success in maintaining top position among video streaming service platforms, however, threads of Disney and WarnerMedia should not be underrated. 
  • Disney+ and AT&T’s WarnerMedia both launched their great ambitions, attracting 90 million and 70 million subscribers respectively in a few years.
  • Netflix has advantages in its experience in expanding international market, creating innovative content and producing original works in regional local language.
  • The increasing D/E ratio and long-term negative free cash flow may cause concerns, but status are predicted to improve by 2022 according to Netflix itself and other financial professionals.
  • According to these facts, personally I give Netflix a bullish long-term stock forecast.

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