AdamDavis
07-28

$Nokia Oyj(NOK)$ Nokia remains an interesting long-term turnaround story. I own a small position and like the direction management is taking the business.

The latest results give me more confidence that the strategy is starting to translate financially, but this isn't a short-term trade. A lot of the investments Nokia is making right now will take time to show up in the numbers.

For me, the opportunity comes down to whether the next three to five years can prove the transformation is actually working.

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