Some may think that this stock, which is a bit of a value play, could become a value trap. However, as our Louis Navellier has argued, shares stand to breakout once again. How so? Between the progress it's making from growing its 5G equipment business, plus the prospect of the chip shortage eventually ending, the company has a strong chance of delivering much stronger financial results in the years ahead.Its days of experiencing meme-related price spikes may be in the past. Yet, in hindsight, buying low-priced NOK stock today could prove to be a very profitable move. Eventually, once the chip shortage issue is no longer holding it back, it could easily move back to its nearly $10-per share meme high. Or perhaps, even higher.
5G MFG

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