Nokia Investors Won’t Like This: Jim Cramer Says NOK Stock Is a Buy
Jim Cramer recommended Nokia (NOK) on Mad Money, citing its AI and cloud growth. Shares rose 3.8% after announcing a Microsoft partnership. Nokia's stock is up 132.81% over 12 months, with Q2 revenue beating estimates. However, it reported a Q2 loss and negative free cash flow. Analysts have mixed views on its valuation and future performance.
How this was made

The 30-second read
Why it matters
The fresh partnership and high‑profile endorsement provide a short‑term catalyst, but underlying cash flow and supply issues remain concerns.
Market read
The news creates immediate buying pressure on NOK and highlights AI trends in telecom, with potential spillover to peers.
What to watch
Supply constraints and negative free cash flow could limit near‑term upside despite the partnership.
Background
Jim Cramer praised Nokia on Mad Money, coinciding with an announced AI partnership with Microsoft that lifted the stock 3.8% intraday.
Ticker impact
Cramer endorsement and expanded partnership with Microsoft drove a 3.8% intraday rise in Nokia shares.
Expect continued upside of 2‑4% over the next few days as investors digest the AI partnership.
The catalyst is fresh, the stock already rallied on the news, and the AI market tailwinds are strong for Nokia.
Market effects
Boosts confidence in telecom equipment sector's AI integration trend.
Positive for European tech stocks, especially Nordic telecom players.
Reinforces broader AI adoption narrative across hardware vendors.
Counterpoint
Inverse Cramer strategies may view the endorsement skeptically, betting on a pull‑back after the hype.
Key entities
- companyNokia
Finnish telecom equipment maker (ticker NOK).
- companyMicrosoft
Partner in AI‑powered network automation platform.


