If you have to mimic someone's recipe for success in the smartphone space, Samsung wouldn't be the worst choice in the world. The company has grown from a virtual non-factor in the space to one of its most profitable and highly visible players in only a few years. Clearly, it's doing something right. And if the tech rumor mill has it right, Nokia (NYSE:NOK) is getting set to copy Samsung's winning ways with the upcoming updates to its flagship Lumia line of smartphones next month. And although this certainly makes plenty of sense, it's by no means a guarantee of success, either. In this video, tech and telecom analyst Andrew Tonner breaks down the rumors on the latest Lumias and whether investors should consider this stock for their portfolios.

Fool contributor Andrew Tonner has no position in any stocks mentioned. Follow Andrew and all his writing on Twitter at @AndrewTonnerThe Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.