Sunday, August 17, 2008

Nokia - attractive share price!

The important point I think is whether you think this stock is undervalued based on due diligence. I do, based not on analyst sentiment but on the financials, past performance and the future prospects of this company. My betting is that if this were an American company, we would see much more interest and knowledge about it and consequently a higher share price. People in the US just have more exposure and opportunities to learn about US companies than they do about non-US companies and thus are more inclined to invest in them. The market will not be in slumber forever though as it will not often let an opportunity pass it by. Nokia at less than 26 is a great opportunity IMHO.

The Nokia N96 is coming soon!

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