Back to top

Press Releases

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

For Immediate Release

Chicago, IL – November 28, 2012 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Nokia Corporation (NOK - Analyst Report), Apple Inc. (AAPL - Analyst Report), Google Inc. , Amazon Inc. (AMZN - Analyst Report) and Microsoft Corporation (MSFT - Analyst Report).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Tuesday’s Analyst Blog:

Demand Soars for Lumia 920

It seems that Nokia Corporation’s (NOK - Analyst Report) Lumia 920 has given it a fighting chance against Apple Inc.’s (AAPL - Analyst Report) iPhone and Google Inc. developed Android-based phones. Nokia has seen strong demand for Lumia 920 since the device became available earlier this month, mainly attributable to the ongoing holiday season in U.S.

According to Forbes, Lumia 920 was out of stock at online retailer Amazon Inc. (AMZN - Analyst Report) and will take at least two weeks to reach consumers. Nokia’s partners for its flagship device have only the white model left on their shelves.

Nokia is doing well in other parts of the world, particularly in Germany and Australia, where the company has experienced sell outs of the Lumia 920. The struggling handset manufacturer has reportedly received 2.5 million orders for Lumia 920, which is close to the 2.9 million Lumia series phones that it sold in the entire 3Q.

However, Forbes suggests that though the data remain impressive, the out-of-stock situation in the stores could be due to low inventory position or as a result of the uptick in demand from the holiday shopping rush.     

Lumia 920 is the latest gamble from the Finnish handset manufacturer which runs on Microsoft Corporation’s (MSFT - Analyst Report) Windows Phone8 software. Lumia handsets are powered with rich features (PureView camera, 4GLTE technology, Windows 8 OS, and numerous apps), giving Nokia chances to regain its lost glory.

One of the primary reasons for the recent surge in demand for Lumia 920 is the lackluster product mix of iPhone 5 as compared to its earlier handsets. Nokia’s mapping technology gives it an edge over Apple whose faulty map service has been subject to heavy criticism. Additionally, the company has strategically priced the device at $99.99 which is $100 less than iPhone5 and $200 less than Samsung’s flagship SIII. 

We remain optimistic that the company has at last found a winner in the form of Lumia 920, which has at least given a ray of hope to gain some market traction. Nevertheless, the company should not rest on its laurels after this success and should continue efforts to revamp its falling handset business.

We retain our long-term Neutral recommendation on Nokia Corp. However, it holds a Zacks #2 Rank, implying a short-term Buy rating.

 

Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518.

Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Media Contact
Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

http://www.zacks.com

 

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

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.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GROUP DXYN 15.84 +7.90%
BOFL HOLDING BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%