Motley Fool article bullish on NOK | NOK Message Board Posts


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Msg  208 of 214  at  2/24/2021 11:09:38 AM  by

mu_aapl


Motley Fool article bullish on NOK

The author Anders Bylund says "Nokia looks like a buy right now. Way back in November 2020, before the Reddit-powered mania and the resulting price spike, I picked up a few Nokia shares for myself. The Reddit episode is behind us, and Nokia's stock has cooled down to a reasonable valuation again. This is still a global power player in the explosive 5G market and the stock is trading at bargain-bin prices. You can pick up Nokia shares for 14 times forward earnings and 0.9 times trailing sales. This is the only stock among the Reddit short-squeeze targets I wouldn't mind buying today."
 


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