Of all the meme stocks, NOK is probably the only one that hasn't yet completely taken off and there might still be an opportunity for those who missed on others. Besides, the fundamentals for NOK seem stronger than most of the other stocks.
NOK is hovering around $5.5 at the moment - it could take off any time like BB did after lagging behind for a couple of days. I am holding around 7700 stocks that I bought at around $5.15. Waiting for it to go AMC :) ($70??).
Nokia had a great Q4 2020.
https://www.nokia.com/system/files/2021-02/nokia_results_2020_q4.pdf
The Finnish telecom network firm reported earnings per share of EUR 0.26 ($0.31) for the full-year 2020 compared with EUR 0.22 ($0.26) for full-year 2019.
For Q4, EPS stood at EUR 0.14 ($ 0.17) compared with EUR 0.15 ($0.18) in the same period last year.
The company’s October-December revenue declined 5% to EUR 6.57 billion ($7.89 billion) on a YoY basis, beating a consensus figure of EUR 6.42 billion ($7.71 billion), according to Refinitiv Eikon data reported by Reuters.
PS: This is not an investment advice. Please do your own DD and invest responsibly, at your own risk.
Submitted June 03, 2021 at 05:20AM by CoolGuess https://ift.tt/3vSbs4w
