Why Nokia (NOK) Is Gaining Today

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.

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