This Telecommunications Company Has A Better 1-Year Return Than Tesla, Ford, Microsoft, Apple, Disney, Netflix And Amazon

Nokia Oyj (NYSE: NOK) provides mobile, fixed and cloud network solutions worldwide, and over the past year has given impressive returns to investors.

Since March 2021, Nokia stock’s one-year return has outperformed several of the world’s most popular tech and consumer discretionary stocks: Tesla Inc (NASDAQ: TSLA), Ford Motor Company (NYSE: F), Microsoft Corporation (NASDAQ: MSFT), Apple Inc (NASDAQ: AAPL), Walt Disney Co (NYSE: DIS), Netflix Inc (NASDAQ: NFLX) and Amazon.com, Inc. (NASDAQ: AMZN).

Nokia is a leading vendor in the telecommunications equipment industry. The company's network business derives revenue from selling wireless and fixed-line hardware, software and services. 

Nokia's technology segment licenses its patent portfolio to handset manufacturers and makes royalties from Nokia-branded cellphones. The company, headquartered in Espoo, Finland, operates on a global scale, with most of its revenue from communication service providers.

Here's how the returns break down from March 2021 to  the present: 

• Disney is down from $192.28 to $139.47 for a return of -27.47%
• Netflix is down from $504.79 to $371.40 for a return of -26.42%
• Amazon is up from $3,027.99 to $3,144.78 for a return of 3.86%
• Microsoft is up from $230.72 to $295.22 for a return of 27.96%
• Ford is up from $12.49 to $16.58 for a return of 32.75%
• Apple is up from $120.53 to $160.62 for a return of 33.26%
• Tesla is up from $653.16 to $871.60 for a return of 33.44%
• And finally, Nokia is up from $3.91 to $5.32 for a return of 36.06%