NOK stock: 4500 shares of NOK | near $20,000 US dollar capital | keep learning

 March 8, 2021

Introduction

I am working on investment. One thing is that the stock market is too high and it should be a correction. What I like to do is to sell those NOK stocks and purchase 100 stocks in next 30 days, and also I will keep purchase back NOK stocks in-between. The idea is to push myself to learn more business using those $20,000 dollars capital. 

My idea

I like to come out some ideas to use my capital to learn more business. I have 1500 shares of NOK in my Ameritrade account and 3000 shares of NOK in my TFSA account. 

I like to take those stocks capital to invest something else, and then purchase back after every day. 

It is challenge since I have to work on short term investment daily using capital $7500 dollars in Ameritrade.com and then $15,000 dollars in my TFSA account. 

I also think that NOK stock will go down more before it rebounds. 

The benefit is to limit my total position's value in case there is a big correction in a day. I am still a beginner, and I like to learn more how to invest using limit capital. 

Another thing is that I should think about the strategy to get those NOK position back, still have 4500 shares of NOK. I do believe that one day NOK stock will go up more. 

Actionable Items

After careful consideration, I decide to loan those $22,000 US dollar to support Nokia as a company. There are over 10,000 layoffs in Nokia. There is nothing more Nokia can do for investors. 

I do believe that it is better for me to focus on my research talent, and find those biotech stocks, and use my existing $20,000 dollars on my IRA account to invest those stock short term, like VIMT, two business day to purchase 500 shares from $11 and sell it next day $19 dollar/ share. I can continue to grow my IRA account. Also my research talent is toned and I am more confident as an equity researcher. 

Nok stock: Nokia Is Now Free Cash Flow Positive, Making NOK Stock Worth Much More

Feb. 7, 2021

Here is the article. 

Nokia (NYSE:NOK) released its Q4 and full-year 2020 results on Feb. 4. The bottom line is that NOK stock is now worth at least 39% more, and as much as 68% more, based on its positive free cash flow (FCF).

This is now the sixth quarter that Nokia has been FCF positive. The company cut out its dividend last year until it could produce solid FCF and raise up its net cash.

Now Nokia management is saying they will assess their dividend policy. They will provide an update during its Capital Markets Day on March 18, 2021.

What to Do With NOK Stock

This brings the estimate for Nokia stock, using $2.592 billion at a 6% FCF yield to $43.2 billion, which is 68% above today’s price. After all, the company presently has a 6.3% FCF yield (i.e., 1.356 billion EUR, or $1.627 billion in FCF divided by its present market cap of $25.66 billion).

This implies a target price of $7.36, or 68% above its price today of $4.38. As a result, we have come up with a target price range of $6.08, 39% higher, to $7.36, 68% above today’s price.

In either case, this is a good result for most investors.