No need to introduce Nokia... continued great performence joined with solid management have convinced this fish to invest.. On the macro level, I'm looking to add some weight to my Europian / Euro exposure. Nokia's fundimentals are impressive - 53% ROE and next to nothing in debt, joined with an impressive 34% year over year revenue growth.. seems like Nokia can hold on to market share in a business that's not recession proof but farely solid... and with a P/E of 11 (!) it seems like expectations for this giant aren't too high.. through in 2.5% of an annual dividend and this baby looks sweet enough for the Tuna to munch on..
Happy trading people..
/bt
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