MotleyFool: 3 Reasons to buy Nokia Long-term
To brighten up an otherwise dreary Monday, here’s a relatively positive video from TheMotleyFool analysts who give 3 Reasons to Buy Nokia Longterm, with ‘analyst’ Charly Travers.
1) Well designed easy to use Nokia Lumia smartphones that consumers are enjoying
2) Huge restructuring efforts to control costs and improve launch cycles that would improve profitability and cash flow (net cash was higher than previous quarter, despite loss).
3) Upside potential of the stock
Should Nokia’s restructuring efforts work and Nokia maintains consistent profitability and sales across all divisions, then yes, Nokia’s stock is seen to be heading up in a very steep fashion. But that’s a lot of big ifs.
For a bit of balance….whilst TheGuardian says Nokia’s new smartphones put Nokia back in the smartphone race, the body of the text looks into how other analysts are skeptical.
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