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NHYKF - Norsk Hydro: Profits Were The Right Choice For Now
Norsk Hydro ASA
When I last wrote about Norsk Hydro, I detailed why I sold large swathes of my position. Since that time, I've sold more, and now only maintain a small position.
Given both the stock's performance and the performance of my rotational targets (20-30% up), this was the right choice. However, Hydro has done well.
I wouldn't "BUY" Hydro here, but I doubt the company will revert to investable levels for some time. It's a worthy "HOLD" or rotation target here.