5 Cheap Value Stocks to Buy Amid Market Uncertainty

2. Nokia Corporation (NYSE:NOK)

Number of Hedge Fund Holders: 22   

Real-Time Share Price as of February 10: $5.76

PE Ratio: 17.47   

Nokia Corporation (NYSE:NOK) provides mobile and fixed network solutions. The stock has come into increased spotlight in recent months as a major player in the 5G arena. Countries around the world have been partnering with Nokia Corporation (NYSE:NOK) to expand 5G infrastructure. The earnings of the firm have been climbing as a result. 

Nokia Corporation (NYSE:NOK) is also witnessing a flurry of hedge fund activity. At the end of the third quarter of 2021, 22 hedge funds in the database of Insider Monkey held stakes worth $388 million in Nokia Corporation (NYSE:NOK), compared to 26 in the previous quarter worth $494 million.