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.
Playlists:
Literally all videos on my channel: • Marginal Tax Rates explained
Investing: • Start Investing
Retirement Investing: • What is a Roth IRA
Investing Basics: • What are Earnings
Stock Analysis: • Tesla posts record sales
Robinhood affiliate link: https://share.robinhood.com/carstek2
Financial Education 101
Смотрите видео Nokia Stock Analysis онлайн без регистрации, длительностью часов минут секунд в хорошем качестве. Это видео добавил пользователь Financial Education 101 18 Ноябрь 2019, не забудьте поделиться им ссылкой с друзьями и знакомыми, на нашем сайте его посмотрели 1,337 раз и оно понравилось 31 людям.