Nokia's road to $8 and higher - Strong Buy

578
Nokia beat 2Q19 expectations, but the better news came from an upbeat narrative regarding the next few quarters.

"Will 5G Boost Nokia Stock? - There’s one more piece of good news worth highlighting. Again, cost cuts should help margins and 5G should drive growth. The question is whether, with China’s Huawei facing security concerns, Nokia can outperform rival Ericsson (NASDAQ:ERIC) in 5G. Early returns look good."

seekingalpha.com/article/4277835-nokia-finally-en-route-8-per-share
stocksequity.com/active-stocks/morning-stocks-peg-value-in-the-spotlight-nokia-corporation-nysenok/

Despite the US trade war with China, Nokia will be one of the winners in our opinion.

$ 6,50 before september 2019
$ 8,00 before november / december 2019

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.