⛽ Is NOK's drop seen as a buying opportunity for long-term investors?

**Nokia's (NOK) drop can be seen as a buying opportunity for long-term investors** for several reasons: 1. **Strategic Share Buyback**: Nokia is currently engaged in a significant share buyback program, which is a sign of confidence in its future prospects. By repurchasing shares, Nokia is refining its capital structure and delivering value back to shareholders. 2. **Financial Performance**: Despite a decline in total revenue, Nokia has shown a robust growth in net income and diluted EPS. The company's net income grew by 38.55%, and its diluted EPS by 57.95%. This indicates that Nokia is improving its profitability, which is a positive signal for long-term investors. |Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|code|market_code| |---|---|---|---|---|---|---|---| |NOK.N|Nokia|20231231|-101.08257698910465|-20.77888349569997|-101.84647330609194|NOK|169| |NOK.N|Nokia|20240331|50.42794289511675|-20.9382265807175|58.807947019867555|NOK|169| |NOK.N|Nokia|20240630|-148.19454478624027|-19.4460397393461|-139.23443223443223|NOK|169| |NOK.N|Nokia|20240930|38.5532283088674|-3.2640131865020376|57.95068027210885|NOK|169| 3. **Market Position and Innovation**: Nokia is a leader in Business-to-Business technology, with strong capabilities in mobile, fixed, and cloud network solutions. The company is focused on advancing its position in these areas, utilizing its innovation strategy and research from Nokia Bell Labs. 4. **Valuation**: Nokia's stock is trading at a P/E ratio of 52.94, a P/S ratio of 1.19, and a P/B ratio of 1.08. These ratios suggest that the company may be undervalued, making it an attractive investment for long-term investors looking for value stocks. |Ticker|Name|Date|P/E(TTM)|P/S|Price to Book Ratio|code|market_code| |---|---|---|---|---|---|---|---| |NOK.N|Nokia|20240124|25.614069|0|0.8389157581327591|NOK|169| |NOK.N|Nokia|20240125|28.543538|0|0.9348621351626054|NOK|169| |NOK.N|Nokia|20240126|28.693767|0|0.939782462189777|NOK|169| |NOK.N|Nokia|20240129|28.919111|0|0.9471629527305345|NOK|169| |NOK.N|Nokia|20240130|27.642163|0|0.9053401729995758|NOK|169| |NOK.N|Nokia|20240131|27.041246|0|0.8856588648908894|NOK|169| |NOK.N|Nokia|20240201|26.966132|0|0.8831987013773035|NOK|169| |NOK.N|Nokia|20240202|26.665673|0|0.8733580473229604|NOK|169| |NOK.N|Nokia|20240205|26.740788|0|0.8758182108365461|NOK|169| |NOK.N|Nokia|20240206|26.740788|0|0.8758182108365461|NOK|169| 5. **Long-Term Performance**: Nokia's stock has shown volatility in the past few years but has also experienced significant gains, such as a 37% increase since January 1, 2024. This volatility could present opportunities for long-term investors to buy into the stock at lower prices. In conclusion, Nokia's current drop can be viewed as a buying opportunity for long-term investors due to the company's strategic initiatives, financial performance, market position, valuation, and past performance. However, investors should conduct their own due diligence and consider their investment goals and risk tolerance before making any investment decisions.