The following video is part of our "Motley Fool Conversations" series, in which consumer-goods editor and analyst Austin Smith discusses topics around the investing world.
In today's edition, Austin reacts to a recent big-tech purchase he heard about by Dodge & Cox: Nokia. He disagrees with the position and thinks that the specific decision to purchase it over a more robust tech company like Apple is a big mistake. Even after becoming the world's largest company by market cap, Apple still has huge potential to continue growth into the future. Nokia is a shell of the dominant tech company it used to be, and the chips are getting stacked against it faster than it can fight back.
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Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple and Microsoft. Motley Fool newsletter services recommend Apple, Microsoft, and Nokia. 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.