Nokian Stock Analysis - Good Business But Wait For A Dividend Cut

08/12/2019 15 min
Nokian Stock Analysis - Good Business But Wait For A Dividend Cut

Listen "Nokian Stock Analysis - Good Business But Wait For A Dividend Cut"

Episode Synopsis

Nokian Renkaat is a stock from Finland traded on the Helsinki stock exchange but also OTC. It if in the business of selling tyres. Looks like a good business, low debt, a good dividend and good long-term prospects. However, it is a cyclical stock, something the market never gets. Consequently, Nokian's stock price is always volatile which is something to take advantage of if and when the dividend gets cut.
Tyre stocks sector analysis: https://sven-carlin-research-platform.teachable.com/courses/335443/lectures/12878351

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