The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with Jim Gillies and Joe Magyer, discuss the latest business news. Nokia's Lumia 900 Windows phone hit the U.S. market in April with a price tag of $99. Now, just three months later, the price has been cut in half. Will this move pay off for Nokia as well as consumers? In this segment, the guys analyze the challenges facing both Nokia and Research In Motion and share why Nokia's stock is the kind of value trap investors should stay away from.
Even though shares of Nokia are trading at a bargain-basement price, our analysts don't believe it will pay off for investors. To find stocks like will pay off for investors, just check out The Motley Fool's free report "2 Dirt Cheap Stocks With HUGE Dividends." You can get analysis of a market leader in payment systems and a high-yielding energy company by accessing this report. It won't be available forever, so click here -- it's free.
The article 1 Dividend Stock to Avoid Right Now originally appeared on Fool.com.
Chris Hilland The Motley Fool own shares of Microsoft.Motley Fool newsletter serviceshave recommended buying shares of Microsoft and creating a bull call spread position in Microsoft. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days. The Motley Fool has adisclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.