News · Yahoo Finance

NOK, BB Stocks In Focus: Jim Cramer Expresses Confidence In Nokia, BlackBerry, But Retail Disagrees

Jim Cramer is backing Nokia (NOK) for its AI fiber push and ties to Nvidia, and BlackBerry (BB) for its software story, calling both promising. Retail traders on Stocktwits remain bearish on both, with BB sentiment slipping from neutral to bearish. Nokia fell nearly 5% on Oct. 8 during a European tech and telecom selloff, while BlackBerry gave back its gains amid a sector-wide tech drop, weighed down by lowered Secure Communications guidance, insider share sales and a 40.5x forward P/E. Still, NOK and BB have gained 88% and 85% over the past year, and investors worry recent rallies may already price in future growth.

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