Where Will Nokia Go Next?

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With shares of Nokia (NYSE:NOK) trading around $8, is NOK an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework:

T = Trends for a Stock’s Movement

Nokia operates as a mobile communications company worldwide. It designs and develops mobile products and services; provides digital map information and related location-based content and services for mobile navigation devices, automotive navigation systems and Internet-based mapping applications; and provides mobile- and fixed-network infrastructure, communications, and networks service platforms, as well as professional services and business solutions to operators and service providers. Nokia operates in three segments: Devices & Services, HERE, and Nokia Siemens Networks.

Reuters reports Nokia has offered to pay the Indian government 270 million euros ($369 million) to unfreeze assets (including a Chennai plant) caught up in a tax dispute.Nokia threatened to pull out of India earlier this year due to frustration over its tax squabble. The government made a settlement offer in July.

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