analyst believes company has gone as far as it can but says marks & spencer and Porsche have long-term potential
A MFS research analyst has made a 'contrarian call' to fund managers to sell Nokia as he urged post-bubble investors to move away from consensus thinking. Simon Todd, European Research Analyst for MFS Investment Management, detailed his favoured investment strategies for uncertain markets at the Investment Week Markets Forum 2003. Todd said: 'The consensus is that you have to own Nokia because it makes up 2% of the European index and it is the best of a bad bunch in the technology sector. 'That is most people's starting point and then they follow up by saying there is going to be a ...
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