NEW YORK (TheStreet) -- Nokia (NOK) was gaining 2.2% to $7.99 Friday after Credit Suisse added the smartphone maker to its European/US Focus Lists.

The analyst firm gives an "outperform" rating for Nokia shares. The company was added to the lists based on its robust bottom like growth and margin expansion thanks to its Advanced Technologies business. Future cash distributions also led Credit Suisse to adding the Finnish company to its lists.

Must read: Warren Buffett's 10 Favorite Dividend Stocks

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

NOK ChartNOK data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

More from Markets

Here's What Bankrate's CFA Expects From Interest Rates in 2019

Here's What Bankrate's CFA Expects From Interest Rates in 2019

Goldman Sachs Profit Beats Estimates as New CEO Solomon Takes Over

Goldman Sachs Profit Beats Estimates as New CEO Solomon Takes Over

Blockchain Could Still Boom Even as Crypto Crashes

Blockchain Could Still Boom Even as Crypto Crashes

Bank of America, Goldman Sachs, Brexit, Snap and Sears - 5 Things You Must Know

Bank of America, Goldman Sachs, Brexit, Snap and Sears - 5 Things You Must Know

UK Finds Breaking Up Is Hard to Do: Market Recon

UK Finds Breaking Up Is Hard to Do: Market Recon