3 Things That Matter As Nokia Innovates Again
3D Systems is scheduled to report earnings on February 18 2013. The company has just 714 employees compared to over 100,000 at Nokia. Stratasys has 530 employees. Analysts are also very bullish on the 3D printer makers. JP Morgan assigned a $86.50 target price with Stratasys with a Neutral rating. Canaccord thinks 3D Systems could trade to $75.
The awareness of 3D printing in the consumer and small business will improve over time. Staples (SPLS) announced plans to launch 3D printing services late-last year in November 2012. The company will use Mcor to supply 3D printing services.
Nokia’s bold move to embrace 3D printing gives the smartphone maker an edginess, but this is not without risk. The Verge reviewed the Lumia 820 reference cases, and said that they could crack. The cases are too tight to the phone body, and printing buttons on the case could lead to cracking.
Conclusion
Nokia does not have a measurable P/E as it continues to transition its business. Its book value is $3.07 per share, and the company is currently valued at 1.4x book. Shares also pay a dividend of $0.1768, a 3.99% yield for investors. Slowly but surely, Nokia is differentiating itself from Android and Apple. The Lumia already offers a unique Windows Phone interface. Combined with a sold maps service, solid build quality, and now customization through 3D technology, Nokia is well on its way in growing its market share. Written by KAPITALL'S Chris Lau.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV