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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (16478)2/22/2003 2:17:41 AM
From: Spekulatius  Read Replies (3) of 78650
 
Bought a starter position in NHY (Norsk hydro).Basically an oil stock with some Aluminum and Fertilizer business mixed in. PE around 8.5 and P/B around 1 and low debt The company is predicting strong oil production growth for the next several years. A very solid but unexciting company that always seems to be valued lower than its peers. Just the kind of stock I like given the current climate.
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