Jim Cramer’s Take on 24 Stocks: Cisco, Eli Lilly, and Ford

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18. Nokia Oyj (NYSE:NOK)

Nokia Oyj (NYSE:NOK) was one of the stocks on which Jim Cramer shared his take, explaining that dot-com analogies do not hold up in this market. When a caller inquired about the stock, Cramer said:

Wow, okay, it’s in the data center. It’s considered to be part of, the cloud part of that… layer cake that I gave you, and it’s just also got a great defense contract. So it’s got the cloud, and it’s got defense. What can I say? It’s a buy.

Nokia Oyj (NYSE:NOK) develops mobile, fixed, and cloud network solutions, including 5G, optical, and IP network technologies. Answering a caller’s query about the stock during the April 28 episode, Cramer commented:

I think it’s a winner. It’s back. I can’t believe it. It finally did come back. And I gotta hand it to those guys for sticking around because, wow, I think it’s got a lot of good technology.

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