$Nokia Oyj(NOK)$ While I'm not predicting $40 any time soon, I'll repeat a comparison I have made with Cisco: To some extent Cisco competes with Nokia, has a good billion less shares (about 75% of Nokia's) but a share price of $55. Changing the share price to reflect the difference in share counts we need to multiply $55 with 75%. Thus we would get a comparable share price of about $41 for Nokia if it were valued as highly as Cisco. In other words single digits need not be any kind of price roof if Nokia gets increasingly profitable in the years to come.Another telling exmple of example is consumer product company Apple with almost 17B shares and a sp of $145 showing a profitble company can reach a much higher valuation than Nokia with even many more shares.Let's also point out that the massively stronger guidance for 2021 is a further invitation to smart/patient money (i.e. funds) to start increasing their positions in Nokia. This will help support the share price and remove some shares from active trading.$Nokia Oyj(NOK)$
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