Nokia Oyj (NOK): Today's Featured Technology Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Nokia Oyj (NOK) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.2%. By the end of trading, Nokia Oyj rose 5 cents (1.5%) to $3.40 on average volume. Throughout the day, 49.2 million shares of Nokia Oyj exchanged hands as compared to its average daily volume of 58.7 million shares. The stock ranged in a price between $3.35-$3.45 after having opened the day at $3.38 as compared to the previous trading day's close of $3.35. Other companies within the Technology sector that increased today were: e-Future Information Technology (EFUT), up 44%, Aehr Test Systems (AEHR), up 28.9%, Plug Power (PLUG), up 24.4%, and WPCS International (WPCS), up 14.2%.

• EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Nokia Corporation operates as a mobile communications company worldwide. It operates in three segments: Devices & Services, HERE, and Nokia Siemens Networks. Nokia Oyj has a market cap of $12.85 billion and is part of the telecommunications industry. Shares are down 15.2% year to date as of the close of trading on Monday. Currently there are four analysts that rate Nokia Oyj a buy, nine analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates Nokia Oyj as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.

• You can view the full Nokia Oyj Ratings Report.

On the negative front, MER Telemanagement Solutions (MTSL), down 36.2%, Memsic (MEMS), down 15.2%, Wave Systems Corporation (WAVX), down 14.5%, and Dataram Corporation (DRAM), down 14.4%, were all laggards within the technology sector with Symantec (SYMC) being today's technology sector laggard.

• Use our technology section to find sector-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR (XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology (REW).

• Find other investment ideas from our top rated ETFs lists.

It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.

For more information on Nokia Oyj click any of the following:

• Nokia Oyj Stock Price

• Nokia Oyj Analyst Ratings

• Nokia Oyj Key Stats & Profile

• Nokia Oyj Earnings

• Nokia Oyj Ratio Comparison

• Nokia Oyj Growth Rates

• Nokia Oyj Balance Sheet

• Nokia Oyj Cash Flow

• Nokia Oyj Income Statement