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Nokia Corporation (NOK) [hlAlert]

Rating:
Buy NOK
down 29.85 %

Nokia Corporation (NOK) rated Buy with price target $12 by Standpoint Research

Posted on: Wednesday,  Apr 6, 2011  2:25 PM ET by Standpoint Research

Standpoint Research rated Buy Nokia Corporation (NYSE: NOK) on 04/06/2011, when the stock price was $9.01. Since
then, Nokia Corporation has lost 29.86% as of 01/15/2016's recent price of $6.32.
If you would have followed this Standpoint Research's recommendation on NOK, you would have lost 29.85% of your investment in 1745 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.

Standpoint Research provides independent equity research that is free from the conflicts of asset management, investment banking, proprietary trading, and fee-for-research arrangements. We provide thorough analysis, diagnostics and forecasts on domestic and international equities and markets backed by alpha-generating variables back-tested on many years of data. Standpoint Research currently advises and sells its research to pension funds, hedge funds and asset management firms. Wall Street analysts have an optimistic bias, while we are more objective. In fact some of the variables in our model that are looked at as positives by Wall Street actually carry negative weight in our model. We have a strict discipline that includes running our proprietary 155-variable valuation and diagnostics model with a personal and subjective overlay that has been proven to add value. The effectiveness is demonstrated through our impressive track record of recommendations.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/6/2011 2:25 PM Buy
None
9.01 12.00
as of 12/30/2011
1 Week down  -2.03 %
1 Month down  -16.75 %
3 Months down  -14.84 %
1 YTD down  -46.50 %

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