Buying the cleaned up Nokia stock
Channel: Investing made easy
Date: 15/07/2016

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Three years ago, Obermatt CEO Dr. Hermann J. Stern sold his iPhone and bought a Nokia phone instead. While most people thought he was crazy, Stern had good reasons: The Nokia phone is much less of a distraction than the iPhone. Stern no longer feels compelled to constantly check for messages and updates and has gained back a significant amount of personal time, especially when commuting.

Today, Nokia’s stock is on the Obermatt Top-10 List of Good Value Stocks of the Euro Stoxx 50 Index (http://www.obermatt.com/en/index/euro-stoxx-50-djes50i/top-10-stocks-2016-07-15-e8381ef7.html). Also, the Obermatt ranks are all dark green (http://www.obermatt.com/en/stocks/nokia-nok1v-he/stock-research.html) - which is always a good indication to buy any stock.  

We all know that Nokia has gone through difficult times recently. But,  they unloaded their troubled past to Microsoft. Now they are a pure technology company again, which gives them a fresh start into a very attractive internet and networking market.

Finally, Stern is a strong believer in Northern Europe, where strong work ethics and excellent education is combined with high living standards and unparalleled social services. All these ingredients are important for a safe, prosperous society. That makes investments in Northern European tech stocks very appealing to him.

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