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Nokia (NOK) Catches Eye: Stock Jumps 7.1%

Zacks Equity Research

Nokia Corporation NOK was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 43% in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Nokia currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Nokia Corporation Price

Nokia Corporation Price
Nokia Corporation Price

Nokia Corporation price | Nokia Corporation Quote

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A better-ranked stock in the Wireless Equipment industry is InterDigital, Inc. IDCC, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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