11 Must-Buy AI Stocks Analysts Are Betting On

2. Nokia Oyj (NYSE:NOK)

Stock Upside Potential as of June 18: 27.36%

Number of Hedge Fund Holders as of Q1: 18

Nokia Oyj (NYSE:NOK) is one of the 11 must-buy AI stocks analysts are betting on. On June 16, the company announced that Federico Guillén will retire on December 31, 2025, stepping down as President of Network Infrastructure and from the Group Leadership Team on June 30, 2025. David Heard, former CEO of Infinera, will take over the role starting July 1, 2025, reporting to Nokia’s President and CEO Justin Hotard. Heard joined Nokia through its Infinera acquisition in February 2025 and will be based in Dallas.

Additionally, Victoria Hanrahan has been named Chief of Staff to the President and CEO, joining the Group Leadership Team immediately. Her focus will be on improving strategic execution and organizational alignment. Hotard praised Guillén’s leadership in building a strong and profitable business while highlighting Heard’s expertise in scaling operations and AI-optimized solutions.

Prior to Nokia, Heard held leadership roles at JDSU, BigBand Networks, Lucent, and AT&T. Hanrahan previously worked at Hewlett Packard Enterprise in marketing and strategy. These changes reflect Nokia’s focus on strengthening its Network Infrastructure leadership and driving innovation.

Nokia Oyj provides mobile, fixed, and cloud network solutions globally, operating across Network Infrastructure, Mobile Networks, Cloud & Network Services, and Nokia Technologies. The company offers fiber, copper, and optical networks, IP routing, radio access technologies, and network management services. It also provides cloud solutions, 5G core, private wireless, and AI-driven network APIs to enhance connectivity. Additionally, Nokia licenses patents and its brand while serving telecom providers, enterprises, governments, and hyperscalers.