This Telecommunications Company Has A Better 1-Year Return Than Tesla, Ford, Microsoft, Apple, Disney, Netflix And Amazon

Nokia Oyj NOK provides mobile, fixed and cloud network solutions worldwide, and over the past year has given impressive returns to investors.

Since March 2021, Nokia stock’s one-year return has outperformed several of the world’s most popular tech and consumer discretionary stocks: Tesla Inc TSLA, Ford Motor Company F, Microsoft Corporation MSFT, Apple Inc AAPL, Walt Disney Co DIS, Netflix Inc NFLX and Amazon.com, Inc. AMZN.

Nokia is a leading vendor in the telecommunications equipment industry. The company's network business derives revenue from selling wireless and fixed-line hardware, software and services. 

Nokia's technology segment licenses its patent portfolio to handset manufacturers and makes royalties from Nokia-branded cellphones. The company, headquartered in Espoo, Finland, operates on a global scale, with most of its revenue from communication service providers.

Here's how the returns break down from March 2021 to  the present: 

• Disney is down from $192.28 to $139.47 for a return of -27.47%
• Netflix is down from $504.79 to $371.40 for a return of -26.42%
• Amazon is up from $3,027.99 to $3,144.78 for a return of 3.86%
• Microsoft is up from $230.72 to $295.22 for a return of 27.96%
• Ford is up from $12.49 to $16.58 for a return of 32.75%
• Apple is up from $120.53 to $160.62 for a return of 33.26%
• Tesla is up from $653.16 to $871.60 for a return of 33.44%
• And finally, Nokia is up from $3.91 to $5.32 for a return of 36.06%