Why I'm Buying NORDNET [SAVE STOCK] - My first non-US growth stock!
The Stoic Investor The Stoic Investor
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 Published On Feb 8, 2021

Nordnet AB is the largest online broker in the Nordic region (NOR/SWE/DEN/FIN) and is growing rapidly. The share price has already jumped 63% since its IPO in November 2020 and I see no way but up for this company.

It's currently behind 5-13% of all trades in the Nordic countries and trading volume almost doubled from 2019-20. Nordnet is making money from 1,5 million customers by charging fees and interest rate on trading, lending and retirement accounts.

With 2,6B SEK in revenue Nordnet is left with almost 1,2B...that's a 44% profit margin, higher than Apple's! Alongside rapid revenue growth and high profitability, Nordnet also yields a 1% dividend in the midst of a global pandemic.

The Nordic region is the worlds most economically robust and is known for high GDP per capita, stable currencies and strong financial safety nets. Investors in the region also invest heavily within it and prefers to find growth where they live.

Disclaimer: This video is purely my opinion and should not be regarded as factual information. I am not a financial advisor. This is not a recommendation to buy or sell securities. Do not assume any facts and numbers in this video are accurate. Always do your own due diligence.

My personal stock portfolio currently consists of the following stocks:

Activision Blizzard (ATVI stock)
Amazon (AMZN stock)
Microsoft (MSFT stock)
MongoDB (MDB stock)
Nextera Energy (NEE stock)
Nordnet (SAVE stock)
Nvidia (NVDA stock)
Tesla (TSLA stock)
The Trade Desk (TTD stock)

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