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Are you looking to buy Nokia stocks? Chech our BAMagazine with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy NYSE:NOK! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Nokia stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Nokia Corporation engages in the network and technology businesses worldwide. The company operates in four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It focuses on mobile radio including macro radio, small cells, and cloud native radio solutions for communications service providers and enterprises; and provides network planning and optimization, network implementation, and systems integration, as well as company-wide managed services. The company also offers fixed networking solutions, such as copper and fiber access products, solutions, and services. In addition, it provides network infrastructure and professional services for mobile networks; and managed services for the fixed, mobile, Internet protocol (IP), and optical domains. Further, the company offers network planning, implementation, operation, and maintenance services. Additionally, it provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, IoT, security, and analytics platforms; and submarine networks and radio frequency systems. The company has a strategic collaboration with Microsoft; and a collaboration with CommScope Holding Company, Inc. to develop an interleaved passive-active antenna radio platform. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland.
Average volume
170.44 million shs
MARKET CAP
$23.76 billion
Stock exchange
NYSE
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- Stephen Johnson
- October 14, 2021
- No Comments
How to buy Nokia stocks?
Below is a quick guide on how to buy NYSE:NOK stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Nokia shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Nokia – Search for “”NYSE:NOK”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Nokia stocks with 0% commission!.
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Is Nokia a buy right now?
17 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Nokia in the last twelve months. There are currently 2 sell ratings, 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” Nokia stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NOK, but not buy additional shares or sell existing shares.
What stocks does BAMagazine like better than Nokia?
Wall Street analysts have given Nokia a “Hold” rating, but there may be better short-term opportunities in the market. Some of BAMagazine’s past winning trading ideas have resulted in 5-15% weekly gains. BAMagazine just released five new trading ideas, but Nokia wasn’t one of them. BAMagazine thinks five stocks may be even better buys in the how to buy stocks guide.
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How to buy Nokia stocks step by step guide
It can be difficult to navigate through all the outdated and incorrect information related to purchasing NYSE:NOK stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Nokia stocks with a step by step approach.
Step 1: Open an Account with a Broker
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Nokia stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Step 2: Verify your Account
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Step 3: Fund your eToro Account
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Step 4: Search for Nokia stocks
Now that you’ve funded your eToro account, just type “NYSE:NOK stocks” into the search bar at the top of the screen and press “trade”.
Step 5: Buy NYSE:NOK
All that’s left is to buy some NYSE:NOK stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
How And Where To Buy Stocks Conclusion
All in all, NYSE:NOK is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Nokia stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
When is Nokia’s next earnings date?
Nokia is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for Nokia.
How were Nokia’s earnings last quarter?
Nokia Co. (NYSE:NOK) announced its quarterly earnings results on Wednesday, February, 3rd. The technology company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. Nokia had a net margin of 3.31% and a trailing twelve-month return on equity of 9.34%.
View Nokia’s earnings history.
How has Nokia’s stock been impacted by COVID-19?
Nokia’s stock was trading at $3.13 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NOK shares have increased by 36.1% and is now trading at $4.26.
What guidance has Nokia issued on next quarter’s earnings?
Nokia updated its FY 2021 Pre-Market earnings guidance on Thursday, February, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $25.338-26.814 billion, compared to the consensus revenue estimate of $25.3 billion.
Where to Buy Nokia Stocks Broker Reviews
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying NYSE:NOK stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
- eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
Excellent for both new and experienced traders
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
What price target have analysts set for NOK?
17 analysts have issued 12-month price objectives for Nokia’s shares. Their forecasts range from $2.90 to $6.00. On average, they expect Nokia’s stock price to reach $4.98 in the next twelve months. This suggests a possible upside of 16.9% from the stock’s current price.
View analysts’ price targets for Nokia or view top-rated stocks among Wall Street analysts.
Are investors shorting Nokia?
Nokia saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 59,550,000 shares, an increase of 17.9% from the December 31st total of 50,520,000 shares. Based on an average trading volume of 58,610,000 shares, the short-interest ratio is currently 1.0 days. Currently, 1.1% of the company’s shares are short sold.
View Nokia’s Short Interest.
Compliance
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Who are Nokia’s key executives?
Nokia’s management team includes the following people:
Mr. Pekka Ilmari Lundmark, Pres & CEO (Age 58)
Mr. Marco Wiren, Chief Financial Officer (Age 55)
Dr. Marcus Weldon, Corp. CTO & Pres of Nokia Bell Labs (Age 53)
Matt Shimao, Head of Investor Relations
Mr. Nassib Abou-Khalil, Chief Legal Officer (Age 49)
Ms. Susan Sheehan, Sr. VP of Communications
Ms. Stephanie Werner-Dietz, Chief HR Officer (Age 49)
Mr. Sergei Khraby, Head of Belarussian office
Mr. Kristian Pullola, Exec. Officer (Age 48)
Mr. Rajeev Suri, Advisor (Age 54)
What is Pekka Lundmark’s approval rating as Nokia’s CEO?
338 employees have rated Nokia CEO Pekka Lundmark on Glassdoor.com. Pekka Lundmark has an approval rating of 93% among Nokia’s employees. This puts Pekka Lundmark in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
Who are some of Nokia’s key competitors?
Some companies that are related to Nokia include Telefonaktiebolaget LM Ericsson (publ) (ERIC), Motorola Solutions (MSI), Ubiquiti (UI), Viasat (VSAT), Maxar Technologies (MAXR), CommScope (COMM), EchoStar (SATS), Cambium Networks (CMBM), Gilat Satellite Networks (GILT), Harmonic (HLIT), Sierra Wireless (SWIR), Casa Systems (CASA), Loral Space & Communications Inc. (LORL), Vuzix (VUZI) and Comtech Telecommunications (CMTL).
View all of NOK’s competitors.
What other stocks do shareholders of Nokia own?
Based on aggregate information from BAMagazine watchlists, some companies that other Nokia investors own include Telefonaktiebolaget LM Ericsson (publ) (ERIC), NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), AT&T (T), QUALCOMM (QCOM), Cisco Systems (CSCO), Micron Technology (MU), General Electric (GE) and Tesla (TSLA).
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What is Nokia’s stock symbol?
Nokia trades on the New York Stock Exchange (NYSE) under the ticker symbol “NOK.”
Who are Nokia’s major shareholders?
Nokia’s stock is owned by a number of institutional and retail investors. Top institutional shareholders include Folketrygdfondet (0.40%), First Trust Advisors LP (0.05%), US Bancorp DE (0.05%), Aperio Group LLC (0.05%), TSP Capital Management Group LLC (0.04%) and Russell Investments Group Ltd. (0.03%).
Which institutional investors are selling Nokia stock?
NOK stock was sold by a variety of institutional investors in the last quarter, including Folketrygdfondet, Aperio Group LLC, Horrell Capital Management Inc., US Bancorp DE, Prio Wealth Limited Partnership, Bank Hapoalim BM, Patten & Patten Inc. TN, and Secure Asset Management LLC.
Which institutional investors are buying Nokia stock?
NOK stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., First Trust Advisors LP, Chase Investment Counsel Corp, Kovack Advisors Inc., Clean Yield Group, Investors Financial Group LLC, Pacer Advisors Inc., and Pennsylvania Capital Management Inc. ADV.
How do I buy shares of Nokia?
Shares of NOK can be purchased through any online brokerage account. Popular online brokerages with access to the stock market include Interactive Brokers Review, eToro Review, DEGiro Review, AvaTrade Review, IG Markets Review, IC Markets Review, CMC Markets Review, Admiral Markets Review and many more. Read one of the reviews to find out everything about the broker and start buying stocks now.
What is Nokia’s stock price today?
One share of NOK stock can currently be purchased for approximately $4.26.
More information
At BAMagazine.com we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
Frequently asked questions
How to buy Nokia stocks?
The safest and easiest way to buy NYSE:NOK stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Nokia stock?
You will first want to find a licensed broker that supports Nokia stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading NYSE:NOK stocks in a safe and complete environment.
Is NYSE:NOK stock a good investment?
As with any other asset, there is an element of risk associated with buying NYSE:NOK stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Nokia stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with NYSE:NOK is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Nokia stock.
How do you trade Nokia stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Nokia stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on NYSE:NOK stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Nokia stock?
To sell your NYSE:NOK stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Nokia stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading NYSE:NOK stock.
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Stephen Johnson
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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