Nokia (NOK) Catches Eye: Stock Adds 5.7% in Session - Tale of the Tape

Nokia Corporation (NYSE: NOK) was a big mover last session with its shares rising nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend of the company as the stock has lost nearly 1% since April 22.

This mobile communications company has seen 2 positive estimate revisions over the past 30 days. However, the Zacks Consensus Estimate has remained unchanged over the same period. Yesterday's rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

Nokia currently holds a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Investors interested in the telecommunication industry may also consider stocks like Polycom, Inc. (NASDAQ: PLCM), ShoreTel, Inc. (NASDAQ: SHOR) and Juniper Networks, Inc. (NYSE: JNPR). While Polycom and ShoreTel sport the same Zacks Rank as Nokia, Juniper Networks holds a Zacks Rank #2 (Buy).

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