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Revealed: The Market That Has Tripled the S&P by 300% --Year In, Year Out
Investing in Norwegian Oslo Stock Exchange vs. S&P 500
Sometimes, investing can be really easy. Simply latch onto a big trend, place your money in the leading stocks, sit back and watch them go.
Over the past few years, stock picking hasn’t been much easier anywhere in the world than in Norway. As you can see in the chart above, the OBX (Oslo Borse Index), which is made up of 25 large-cap stocks based in Norway, has trounced the S&P 500 consistently over the past three years.
And with the U.S. dollar getting crushed over the past few days, there has never been a better time to increase your international exposure. But you don’t have to have an international brokerage account to play the booming Norwegian market. There are other ways, which I’ll get to in a moment.
For now, the performance of the Norwegian large-cap index is just a great example of how secure, stable countries are managing to outgrow the United States. And the stock markets in these countries are paying off for shareholders.
However, investing in Norway isn’t easy. There’s no ETF or mutual fund focused purely on Norway. Also, there aren’t many Norwegian companies that are publicly traded in the United States.
Investing in Norwegian Oslo Stock Exchange
After spending this morning at the Oslo Stock Exchange, I can tell you there is not much interest in getting many of the small-cap Norwegian companies onto other exchanges. For whatever reason, it’s just not a top priority. Regardless, I’ve managed to find eight of them. Among the few are Norway’s largest cellphone service provider, Telenor; the world’s largest mineral fertilizer company, Yara International; and energy giants Statoil and Norsk Hydro.
As always, with companies as big as those, the big upside potential rarely exists. However, there is plenty of opportunity to capitalize on the booming economy and stock market in Norway.
The rapid increase in market values of Norwegian companies has attracted a lot of investment capital from overseas. And these companies are plowing it right back into the local economy. Recently, $46 billion energy powerhouse Norsk Hydro partnered with a small Houston-based company that is going to help it find a lot more oil.
Norsk Hydro (and Norway_ realize how important energy is to the local economy and that the declining reserves in the North Sea are a pressing problem. And it’s opening up its deep pockets to acquire this one-of-a-kind technology that is essential for the company’s survival. Right now, this small company’s stock price has dipped along with the overall markets and it’s the time to buy.
Learn more about this company, which is based in the U.S. and traded on a major U.S. exchange, and how this single deal is going to help propel this stock back to its recent highs and beyond, regardless of what happens to the overall markets here.
Good investing,
Andrew Mickey
Editor in Chief, BreakAway Investor
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