I have the impression that Nokia is going to skyrocket
Updated
It has been bouncing off the same support level for a long time and is reasonably priced.
It intends to invest heavily in 5G technology, recently announcing a collaboration with AT&T and Verizon for wireless connection services.
Maintains positive operating margins.
It is a partner company of the World Economic Forum (together with Big Tech, pharmaceutical companies, investment funds, etc.)
Its institutional investors include UBS Group, Morgan Stanley, Renaissance Technologies, Bank of America, Goldman Sachs and State Street.
Its main source of income is not mobile devices but networks (mobile access, fixed access, IP routing, and optical networks).
All this leads me to think that at the current price it is still a bargain for one of the largest telecommunications companies and with the potential to become the main competitor of 5G technology.
It could go as far as returning to its all-time highs around $ 60 and breaking them, or at least doubling its price to $8-10 in the medium term.
NOK
It intends to invest heavily in 5G technology, recently announcing a collaboration with AT&T and Verizon for wireless connection services.
Maintains positive operating margins.
It is a partner company of the World Economic Forum (together with Big Tech, pharmaceutical companies, investment funds, etc.)
Its institutional investors include UBS Group, Morgan Stanley, Renaissance Technologies, Bank of America, Goldman Sachs and State Street.
Its main source of income is not mobile devices but networks (mobile access, fixed access, IP routing, and optical networks).
All this leads me to think that at the current price it is still a bargain for one of the largest telecommunications companies and with the potential to become the main competitor of 5G technology.
It could go as far as returning to its all-time highs around $ 60 and breaking them, or at least doubling its price to $8-10 in the medium term.
NOKNote
It's starting to take off.
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