Nokia was world no. 1 for several years before its recently been toppled by samsung and also apple is ruling the world now.
Nokia stock price on NYSE has plummeted and i thought if i were an investor abroad, would it be one of those times where one would stock up on NOKIA (finlands largest company) and the largest selling mobile phone company at this time. Is it one of those classic times that one reads in books?
Thought i would throw this open to the forum as i would like to hear opinions and see how we predict would happen to nokia and is it a future multibagger when better times come.
Its stock price on google finance is $3.60 and total market cap is under 16 billion dollars compared to 500 billion+ of apple.
So, should an investor be looking at Nokia because its now fallen on bad times but is an otherwise top notch company (or is it heading for bankruptcy like GM , kodak etc).
Basantji, i hope you will participate.
Best wishes,Samir.