Tuesday, February 2, 2021

Nok stock: Former king of the stock market, Nokia (NOK), is rising from the ashes

Feb. 2, 2021

Here is the link. 

Consider our Popular Investor's HUB for frequent updates on all of the stock featured on the channel: www.thepopularinvestor.com Nokia stock is an underappreciated, undervalued 5g gem. NOK stock is trading at a big discount to its competitors despite improving fundamentals in terms of contract wins and strong free cash flow generation. Nokia stock was once trading above $60 in the late 99s, can we reach those highs again? Based on a discounted free cash flow model using analyst estimates of 13% CAGR over the coming 5 years, Nokia stock price has an intrinsic value of around $21 over the coming years.


My notes:

  1. Nokia intrinsic value $21.00, discount cash flow principle
  2. Pump and dump - not short squeeze

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