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Nokia Corporation (NOK) [hlAlert]

Rating:
Mkt Perform
NOK

Nokia Corporation (NOK) rated Mkt Perform by Bernstein

Posted on: Tuesday,  Sep 3, 2013  8:25 AM ET by Bernstein

Bernstein rated Mkt Perform Nokia Corporation (NYSE: NOK) on 09/03/2013. Previously Bernstein rated Underperform Nokia Corporation (NYSE: NOK) on 07/01/2008.,
when the stock price was $23.70. Since then, Nokia Corporation has lost 47.47% as of 04/26/2010's recent price of $12.45.
If you would have followed the previous Bernstein's recommendation on NOK, you would have gained 90.36% of your investment in 664 days.

Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges.

A central advantage for Bernstein clients is the ability to harness our highly regarded expertise in investment research and management. Originally known as a value investor, Bernstein has long been known for seeking out stocks with temporarily depressed prices due to unwarranted short-term pessimism about a company’s ability to recover from its current problems. This philosophy is embodied in our flagship Strategic Value portfolio. But since value and growth stocks have alternated leadership—with no clear signal of when one style will give way to the other—we’ve developed a Strategic Growth portfolio that seeks out leading companies whose stock prices don’t fully reflect their companies’ potential for superior earnings growth.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/3/2013 8:25 AM Hold
None
5.41
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/26/2010 8:25 AM Hold
None
12.45
7/1/2008 8:25 AM Sell
None
23.70

(*) Stock Price at the time of the recommendation.
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