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9 pts

Opinion on  Nortel Networks Corp (NT)     Sector: Technology  >  Industry: Communications Equipment
Nortel: Buy now

Dec 08, 2006 12:13 AM GMT
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Return Risk
-19.07% HIGH
Analyst

Nortel has taken a beating. This company, among the most widely held in Canada, has a solid franchise at the core, a sizeable R & D budget and a new and strong management team. They recently reverse split the stock 1:10 to get it back into institutional buy range. They are in a challenging business, but I believe they are positioning themselves for a strong rebound. Buy and hold.


NT:  This call was made on 12/08/06 @ $22.28
Rating:   Positive   $22.28 (12/08/06)
Gain/Loss:   -97.04% in 1067 days
Target:   $35.00 (+57.09%) in > one year


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Who voted on this idea?
Pierpaolo Savio N/A 06/16/2008
dma N/A 02/12/2007



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