Nokia Corporation (NYSE:NOK) may be challenged by Samsung soon – TLAB, APKT
New York, NY — (MESHPRESS) — 12/20/2012 — Nokia Corporation (ADR) (NYSE:NOK) will be facing a brutal challenge for its number one position from Korean based Samsung shortly. However, the latter company never challenged the position of former one in history. But, somehow it decided to up the ante supposedly due to its overwhelming success with Galaxy series worldwide.
Where NOK is Headed Exactly? Find out Here
Nevertheless, analysts are considering Samsung’s plans as premature because, it will take the company quite a while to really challenge the leading position of the Finnish entity among emerging markets of the Asia.
On the other hand, NOK is well known for its low priced cell phones while Samsung is believed to be an expensive commodity in developing nations. Therefore, Nokia Corporation is not immediately threatened by the challenge from the Korean company. But, still the former company may lose a significant share of market to the latter one in near future.
How Should Investors Trade NOK Now? Don’t Miss Out A Special Trend Analysis
As of latest close, Nokia Corporation (ADR) (NYSE:NOK) shares are down about -5.61% for 2012 and topped out a 52-week high of $5.87 (Feb 24, 2012). Since then, it has retreated 22.54% but stands 158.28% above 52-week low. The shares advanced above the 200-Day SMA ($2.71) and are now sitting 37.14% above 50-day SMA. The performance measured for the month was +43.20% and weekly performance appeared at +9.92%.
The price of Tellabs, Inc. (NASDAQ:TLAB) moved down -0.30% and finished the day at $3.34 on below average volume. The day started out with a higher opening price of $3.34 versus prior close of $3.35. The total number of shares traded on the latest trading day was about 3.15 million shares, and changed hands at average prices of $3.31 to $3.40 apiece. The shares declined about -15.23% since the start of 2012 and has a -9.24% fall in last three months. Narrowing down the performance period, the stock rose 22.79% for the month and a 0.60% gain over the week.
Why Should Investors Buy TLAB After the Recent Fall? Just Go Here and Find Out
With the latest decline of -1.15%, Acme Packet, Inc. (NASDAQ:APKT) now has YTD performance -27.76% which for the week is positive at 2.48%. The company will report lower sales for the Quarter ending Dec-12, according to 22 analysts polled by Reuters. On average, they believe sales will arrive at $68.69 from $113.57 posted in the same quarter last year. The average sales forecast of 25 analysts for the full-year is $272.40, down as compared to $402.20 annual sales a year ago.
Has APKT Found The Bottom And Ready To Gain Momentum? Find Out Here
ThePennyStockProfiler.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. ThePennyStockProfiler.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed “informational edge” which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at www.ThePennyStockProfiler.com
The assembled information disseminated by ThePennyStockProfiler.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. ThePennyStockProfiler.com does expect that investors will buy and sell securities based on information assembled and presented in phd-trading.com. PLEASE always do your own due diligence, and consult your financial advisor.
- Hot Stocks: Amgen, Inc. (NASDAQ:AMGN), Myriad Genetics, Inc. (NASDAQ:MYGN), PRGX Global Inc(NASDAQ:PRGX)
- Stocks To Watch: Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), Onyx Pharmaceuticals, Inc. (NASDAQ:ONXX)
- Big Gainers: Cepheid(NASDAQ:CPHD), Brunswick Corporation(NYSE:BC), Vanguard Natural Resources, LLC(NYSE:VNR)
- Notable Losers (China Information Technology, Briggs & Stratton Corporation, QLogic Corporation, Genuine Parts Company)
- News Recap (MEMC Electronic Materials, Stillwater Mining Company, Kite Realty Group Trust, Restoration Hardware Holdings Inc)