Veytics Intelligence
2026-09-19 · Yahoo

Cramer strongly recommends buying beaten-down 90s tech legend

A wireless carrier, once overlooked after losing the smartphone market to Apple, is now up more than 60% year to date, due to increasing demand for artificial intelligence infrastructure. That rally caught Jim Cramer's attention on the Sept. 16 episode of CNBC's "Mad Money." During the Lightning Round segment, a caller asked about it, and Cramer recommended buying it. Nokia shares closed at $10.60 on Sept. 17, up about 62% year to date and more than 130% over the past 12 months. But the company also posted negative free cash flow of about $835 million during the second quarter, and the stock still trades far below its peak of around $29. What Cramer likes about Nokia's AI infrastructure setup "I like Nokia very much.

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