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Wajeeh Khan

Nokia Stock Just Hit a New 52-Week High. Should You Chase the Rally Here?

NOK Nokia On Nvidia

Nokia (NOK) shares climbed to a new 52-week high of $10.48 today after Bank of America Securities issued a bullish note on the networking infrastructure giant. Analyst Oliver Wong believes NOK could push higher this year, even though its 14-day relative strength index (RSI) sits at nearly 80 already, signaling overbought conditions. 

Nokia stock has been a solid investment in 2026, currently up about 65% versus its year-to-date low.

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