The Street offers a comprehensive list of the 10 stocks Billionaire David Einhorn’s Greenlight Capital bought most recently, and on that list, Nokia (NOK) comes to 1% of Greenlight Capital’s recent portfolio.
TheStreet had this to say about it:
“We rate Nokia (NOK) a buy. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company’s strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.”
For the full report, check out “10 Stocks Billionaire David Einhorn Loves for 2015.”