$NOK Emerges as AI Upside Play Amid Renewed Meme Stock Buzz

AfraSimon
01-09

Seeing some buzz around $GameStop(GME)$ CEO's performance award package.

If "meme stocks" start to go silly again, my top priority will be $Nokia Oyj(NOK)$ .

(not really a meme, but it got lumped into the gme / $AMC Entertainment(AMC)$ basket in '21 bc it was nostalgic + cheap)

Anyways...

> $NVIDIA(NVDA)$ recently invested $1B in NOK

> CEO says NOK's growth is tied to the "ai supercycle"

> first real growth catalyst in a decade

> $2.7M+ in NOK March $7 calls coming in

This isn't the company with the ugly indestructible phone anymore. It's a legit AI player.

$8.50+ is possible medium term. NOK is $6.79.

Not personally in at the moment, just an idea.

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment