The price of Nokia stock has been on a slow but steady rise for the better part of the month of March. The stock has gained +0.21 (4.45%) over the past month and it is still bullish.
To help stock investors interested in investing in Nokia shares, Invezz has created a brief article on the best places where you can buy the stock from.
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Best places to buy Nokia stock
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What is Nokia stock?
NOKIA stock is the stock of Nokia Corporation and it trades on the Nasdaq Helsinki in Finland using the ticker HEL: NOKIA.
In a nutshell, Nokia Corporation, is Finnish multinational telecommunication, consumer electronics, and information technology company. It was founded in 1865, making it one of the oldest companies in these sectors.
Nokia’s main headquarters are located in Espoo, Finland.
As of 2016, Nokia was the world’s 415th largest company by revenue according to Fortune Global 500. By 2020, the company had about 92,000 employees spread across 100 countries around the world.
Should I buy Nokia stock today?
If you want to invest in the stock of a telecommunication company, then the Nokia stock could be a good choice.
Nevertheless, the economic times are hard. Besides the recent disruption of supply chains by the Covid-19 pandemic and the recent war in Eastern Europe between Russia and Ukraine, Nokia faces very steep competition from other telecommunication giants like Samsung, Apple, Oppo, and Huawei.
Nokia stock price prediction
If the market sentiments remain as they are, analysts expect the Nokia stock price to get above €5.10 by the end of April, this year.
Nokia social media coverage
eToro
10/10
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