Nokia Stock Hits 16-Year High as Cramer Says It’s Back
Nokia stock hit a 16-year high after Jim Cramer called it “a winner” and said, “It’s back.” The call came during Mad Money’s April 15 lightning round, after a caller said the company had raised guidance and that she owned the shares for the long term. For holders, the message was blunt: Cramer told Kitty to stay in the stock and said there was another 30% upside.
April 15 on Mad Money
April 15 put Nokia Oyj back on Cramer’s radar while he was discussing the recent sell-off in AI-related stocks. Kitty asked about Nokia stock during the lightning round, pointing to the 16-year high and the higher guidance as the reasons she stayed invested.
“First of all, what Kitty has done here is make a lot of money,” Cramer said. “The fact is, Kitty looked at the situation, she decided she liked Nokia, she bought it.” He then told her, “And Kitty, hold on to it, you got another 30% going on there.”
Nokia’s 5G network business
5G, optical, and IP network technologies sit at the center of Nokia’s mobile, fixed, and cloud network solutions. Cramer leaned on that technology base when he said, “And I gotta hand it to those guys for sticking around because, wow, I think it’s got a lot of good technology.”
The stock’s move and the guidance increase are the two numbers that matter most here. A 16-year high changes the debate from turnaround hope to whether the rally can keep running, and Cramer’s 30% remark gave long-term holders a specific target rather than a vague endorsement.
Kitty’s Nokia gains
Kitty is the individual investor at the center of the call, and Cramer framed her position as already profitable. His comments also landed in a market still sorting through the AI-related stock pullback, which made Nokia stand out as a legacy name with fresh momentum instead of another speculative trade.
For anyone already in Nokia stock, the practical takeaway is simple: Cramer’s view was not to take profits on the 16-year high. He said the stock had already made Kitty “a lot of money,” and he said the bigger move was still ahead.
