Nokia used to be the biggest manufacturer of cellphones and after selling that business to Microsoft they're getting back into the game and making good product.
The balance sheet is still looking very good, but revenue is shrinking and earnings are negative at $340 Million. There's no dividend and there likely won't be for a long time.
So if you're a dividend investor you should stay away, if you're a growth investor you should also stay away and if you're a value investor you likely want a company that's consistently profitable so you probably should stay away as well.
I do think that Nokia makes sense as a speculative investment for a small position. I do think that there could be quite a nice payout 5-10 years out.
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Financial Education 101
Watch video Nokia Stock Analysis online without registration, duration hours minute second in high quality. This video was added by user Financial Education 101 18 November 2019, don't forget to share it with your friends and acquaintances, it has been viewed on our site 1,337 once and liked it 31 people.