Does This Mean It's Time to Sell Nokia's Stock?

With much of Nokia's (NYSE: NOK  ) turnaround story thesis based on its performance in China, the company took a 2% hit today on word that the company had dropped from first place to seventh in sales in China. In this video, Motley Fool tech and telecom analyst Andrew Tonner warns investors that this is definitely a reason to be cautious about Nokia today.

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 (3) | 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.

  • Report this Comment On March 12, 2013, at 12:08 AM, ajaykc wrote:

    Maybe you should have reviewed your video before rushing to post it. You are an analyst and doing such mistakes "calling google's market share in China dropped to 3%". Wow!!

    Again, if you didn't know that Symbian died overnight then you definitely belong to "fool". I wonder what was new in Strategy Analytics finding that we didn't know about.

    If you are Nokia investor and didn't know that Nokia had already lost Chinese market share then you shouldn't be into "investment" at all.

    Now Apple killing the whole world by creating low cost iPhone. I think apple will kill itself first before killing anyone else by doing so. So far there is no indication except the FUD rumors.

    A 2% drop of a stock which has 1.85 beta is nothing and the price drop in Nokia has nothing to do with Goldman Sach. Goldman Sach has been wrong all along since last summer. In fact GS is the biggest liar. You don't have to believe me but you can check and institutional holders. They increased their holding in Nokia from Sept 12 to Dec 12. And even before September they increased their holding while telling every investor on the street to "SELL" Nokia.

    GS has a history of lying to public, be it MBS or anything. I don't trust them at all.

  • Report this Comment On March 12, 2013, at 8:37 AM, pcparadigm wrote:

    "Be cautious regarding Nokia." Care to define "be cautious?" This is bubblegum for the brain. I don't know why I bother following links to worthlessness like this.

  • Report this Comment On March 12, 2013, at 8:54 AM, EAnn1 wrote:

    Please, Motley Fools enough Nokia bashing. I have been a great fan of MF but this consistent flow of 'bubblegum for the brain, dribbling from the mouths of babes..... P L E A S E !!!

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: 2306186, ~/Articles/ArticleHandler.aspx, 9/30/2016 4:20:27 AM

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 7 hours ago Sponsored by:
DOW 18,143.45 -195.79 -1.07%
S&P 500 2,151.13 -20.24 -0.93%
NASD 5,269.15 -49.39 -0.93%

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

9/29/2016 4:02 PM
NOK $5.72 Down -0.02 -0.35%
Nokia CAPS Rating: **
AAPL $112.18 Down -1.77 -1.55%
Apple CAPS Rating: ****
GOOGL $802.64 Down -7.42 -0.92%
Alphabet (A shares… CAPS Rating: *****