$Nokia Oyj(NOK)$ This presents

$Nokia Oyj(NOK)$ This presents a rare insider buying setup. Last month, the Chief Corporate Development Officer, the CEO's Chief of Staff, and two independent directors bought shares between $15.34 and $16.02. At $13.50, the stock trades below all of their entry prices.

Fundamentals are accelerating: Nokia is expanding US manufacturing for photonic chips and advanced packaging to fuel AI network optical scaling. AI/Cloud revenue spiked 49% last quarter with a EUR 1B backlog, backed by a $1B investment from Nvidia. The JPM target is $21.

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