Is NOK a good stock to buy?
We came across a bullish thesis on Nokia Oyj on brodoginvestment’s Substack by Dog Brother’s Investment Matters
In this article, we will summarize the bulls’ thesis on NOK. Nokia Oyj’s share was trading at $16.85 as of June 2nd. NOK’s trailing and forward P/E were 99.54 and 42.19 respectively according to Yahoo Finance.
Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America and internationally. NOK emerges as a re-rating story from legacy telecom equipment into an AI-driven network infrastructure and digital licensing platform, following NVIDIA’s $1 billion strategic investment that reinforces its positioning in AI data center connectivity and next-generation telecom architecture. 15 AI Stocks That Are Quietly Making Investors Rich Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential It operates through four core business segments: Nokia Technologies, a near 100% gross margin patent licensing engine generating about €1.3 billion annually with expansion potential toward €1.4–1.5 billion; network infrastructure benefiting from Infinera acquisition and 800G optical demand; mobile networks exploring AI-RAN in partnership with NVIDIA; and enterprise private networks serving Industry 4.0 use cases. AI data center demand and hyperscaler connectivity growth are accelerating optical networking revenues, with cloud and hyperscaler sales rising 36% after the Infinera integration and overall optical business up 14%, while U.S.