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5 Stocks Investors Are Buying Like Crazy

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By Larry Gellar Today we’ll be taking a look at the five most traded NYSE stocks during the first full week of January. Bank of America (BAC) and Citigroup (C) are doing quite well, as banks are starting to gain favor again amongst investors. Also, Pfizer (PFE) and Nokia (NOK) have some exciting plans. Finally, Ford (F) continues to be largely affected by macroeconomic trends. Let’s see what specifically has been happening with these 5 stocks: Nokia Corporation has been surging, and an upgrade from Kulbinder Garcha of Credit Suisse has certainly helped. More importantly, though, Microsoft (MSFT) may simply buy Nokia’s smartphone business. This would be a great move for Microsoft since it would allow for integration with its Windows Phone similar to the way that Apple’s (AAPL) iOS is integrated with the iPhone. Additionally, it would allow Nokia to focus on what the company is truly great at. Regardless, other sources claim that these rumors aren’t true. While Microsoft might be interested in Nokia’s patents and a couple of factories, the plan will probably continue to be an exceptionally strong partnership. In fact, most of the Microsoft-Nokia rumors are being perpetuated by one person – Eldar Murtazin. While…

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More on this topic (What's this?)
Tech Stocks: Nokia (NYSE: NOK) Getting Squeezed in Smartphone Market (Money Morning, 4/12/12)
Sorry, Nokia… iPhone and Android Are Here to Stay (Wall Street Daily, 12/14/11)
Nokia's Last Hope: Lumia (Wall Street Mess, 5/3/12)
Bendable Smartphones Usher The Future of Touchscreens (Investment U, 11/3/11)
Read more on Nokia, HSBC HLDG at Wikinvest


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