Communication Equipment Stocks: QUALCOMM (NASDAQ:QCOM), Nokia Corporation (NYSE:NOK), Alcatel Lucent SA (NYSE:ALU), Sonus Networks, (NASDAQ:SONS)

Shares of QUALCOMM (NASDAQ:QCOM) were the target of some unusual options trading on Monday. Traders acquired 39,516 call options on the stock, American Banking & Market News reports. QUALCOMM, Inc. (NASDAQ:QCOM) shares after opening at $75.72 moved to $77.31 on last trade day and at the end of the day closed at $77.02. Company price to sales ratio in past twelve months was calculated as 5.10 and price to cash ratio as 7.52. QUALCOMM, Inc. (NASDAQ:QCOM) showed a negative weekly performance of -0.06%.

Nokia Corporation (ADR) (NYSE:NOK) has revealed the inclusion of 4GB microSD cards for two of its recently announced Nokia X series smartphones, the Nokia X+ and Nokia XL. Nokia Corporation (ADR) (NYSE:NOK) shares advanced 0.80% in last trading session and ended the day on $7.60. NOK return on equity ratio is recorded as -18.20% and its return on assets is -4.90%. Nokia Corporation (ADR) (NYSE:NOK) yearly performance is 121.57%.

Alcatel Lucent SA (ADR) (NYSE:ALU) is following the broader equities market into the black, up 3.1% at $3.96. Overall options volume is running at about six times the average intraday pace, with speculators employing both calls and puts to place neutral-to-bullish bets on the shares. Alcatel Lucent SA (ADR) (NYSE:ALU) shares moved up 1.82% in last trading session and was closed at $3.91 while trading in range of $3.89 – $3.96 – Alcatel Lucent SA (ADR) (NYSE:ALU) year to date (YTD) performance is -11.14%.

Jefferies analyst James Kisner reiterated a Buy rating and $5 price target on Sonus Networks, Inc. (NASDAQ: SONS) after an investor day in San Francisco with a very bullish tone and a barrage of positive data points. Sonus Networks, Inc. (NASDAQ:SONS) weekly performance is -2.95%. On last trading day company shares ended up $3.62. Sonus Networks, Inc. (NASDAQ:SONS) distance from 50-day simple moving average (SMA50) is 10.20%. Analysts mean target price for the company is $4.57.

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