Nokia Corp. - ADR (NOK)

Nokia (NOK - Analyst Report) is facing serious problems in the high-end feature-rich smartphone segment. Smartphones are expected to become the next-generation choice, taking over the market share from basic mobile handsets. As of now, unfortunately, Nokia has failed to introduce any smartphone to ably compete with BlackBerry, iPhone or any Android-based handsets.

Nokia's inability in the high-margin lucrative smartphone market will put more pressure on its earnings going forward. Feature-rich software and services are the main characteristics of any smartphone, which Nokia seriously lacks. There is no near-term visibility about the launch of the upgraded Symbian.

Additionally, the company's network infrastructure solutions wing is still facing economic headwinds. We downgrade our recommendation to Underperform due to the absence of any catalyst.

Nokia Corp. - ADR (NOK) : FULL ANALYST REPORT

Bear of the Day

Every day we feature one stock with a Zacks Recommendation of Sell that is set to underperform over the next 6+ months. We also provide you with free access to the in-depth research report on the stock. If you would like to see all our Buy and Sell rated stocks and in-depth research reports, then check out Zacks Premium.

Read the full analyst report on NOK

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Email	Print	Share	Rate Pos	Rate Neg

Zacks Blog: Skyworks Upgraded to Outperform
(SWKS, AAPL, NOK, RIMM, MMI)	05/23/12

Zacks Blog: Motorola Solutions in Neutral Zone
(SI, NOK, MSI)	05/21/12

Zacks Blog: Apple to Choose China Mobile
(AAPL, CHL, GOOG, NOK)	05/17/12

Zacks Blog: Qualcomm to Divest Indian Venture
(QCOM, SI, NOK, ALU, ERIC)	05/16/12

Zacks Blog: The Key to Wireless Capacity Crunch
(T, SI, S, GOOG, AAPL, NOK, CSCO, ALU, ERIC, VZ, DTEGY)	05/15/12

DJIA	12529.75	0.00%
NASD	2839.38	0.00%
S&P 500	1320.68	0.00%

Nokia Corp. - ADR (NOK)

Related Content

More Zacks Resources

More Zacks Links