Among the Nordic countries, Norway’s economy is strong and is well positioned for an economic recovery. In fact, Norway is one of the favorite investment destinations among European countries. The Norwegian economy was able withstand the current economic crisis better than most other European countries since Norway’s financial institutions did not invest in risky sub-prime …
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Norway has become an “oil” nation due to the export of crude oil. Norway is now one of the largest exporters of oil in the world. Hence StatoilHydro is one of the top Norway ADR stock.StatoilHydro is a new company created after Norsk Hydro merged with Statoil a few years ago. Norsk Hydro stock had …
There are a few ADRs from Norway that trade in the US markets. The following are some of them: 1.StatoilHydro ASA – STO STO was created by the merger of Statoil & Norsk Hydro a few years back. STO has yield of 2.28% and 2.1B shares outstanding with a market of $62B. PE ratio is …