A Smart Move for Nokia

Nokia (NYSE: NOK  ) may be continuing its turnaround story, as the markets react favorably to another round of layoffs at the company. This comes as part of its repositioning strategy, slimming down and cutting costs while refocusing at its core on higher-margin phones. It recently partnered with Microsoft (NASDAQ: MSFT  ) to release smartphones running on the company's Windows Phone 8 platform, and shares have been up dramatically in the six months since that was released, although they are still down 22% overall for the last 12 months as a whole. In this video, Motley Fool tech and telecom analyst Andrew Tonner tells us whether he thinks Nokia can beat the bears and show investors a major resurgence as part of its turnaround plan, or whether it's just too far behind in the fiercely competitive smartphone landscape.

Nokia's been struggling in a world of Apple and Android smartphone dominance. However, the company has banked its future on its next generation of Windows smartphones. Motley Fool analyst Charly Travers has created a new premium report that digs into both the opportunities and risks facing Nokia to help investors decide if the company is a buy or sell. To get started, simply click here now.

Read/Post Comments (1) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2204818, ~/Articles/ArticleHandler.aspx, 9/27/2016 1:33:39 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,221.73 126.90 0.70%
S&P 500 2,159.05 12.95 0.60%
NASD 5,296.24 38.74 0.74%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/27/2016 1:17 PM
NOK $5.71 Up +0.09 +1.60%
Nokia CAPS Rating: **
MSFT $57.80 Up +0.90 +1.58%
Microsoft CAPS Rating: ****