• Darren Sinden posted an update

    7 months ago

    I seem to have an affinity with Finnish stocks this week: First of all Nokia announced a $1.0 bln investment from AI giant Nvidia NVDA, yesterday, that news sent Nokia up by +20.0% .

    However i had been bullish on the name since early October – see the green line below. so the Nvidia move was icing on the cake.

    Having read JP Morgans comments on the deal today, following a conferance call with Nokia management yesterday. I am inclined to think thats its all a bit “jam tomorrow ” but after a +40.0% move higher inside a fortnight who am Ito pick holes.

    Today it was the turn of Neste Oyj a Finnish Oil company that’s had may attention since late March they have performed superbly over that time and today was no exception as it beat analaysts expectaions with it most recent earnings release .

    The stock spiked +7.0% takings it weekly gains to +14.00% and its 6-month gains to +128.0%…………..

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