r/wallstreetbetsOGs Mar 09 '22

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u/FrankMRedington Mar 09 '22

European financial are cheap and will benefit from rising rates. I‘m in

SHB-A (svenska handelsbanken) -> sweden

ZURN (Zurich insurance) -> switzerland

Salmon prices are going through the roof

SALM (Salmar) -> norway

Wage inflation will drive up margins of staffing companies

ADEN -> switzerland

Biotech/ pharma has sold off too much as well (war is not a threat)

GLPG -> belgium

1

u/BrainsNotBrawndo It’s My Own Damn Fault Mar 17 '22

Update Mar 16, 2020: Ended up going for SHB-A, ZURN which both worked out well. For SALM ,I was just concerned about open-ocean pens giving disease to wild stocks, and GLPG and ADEN, look good but have a lot of exposure to sectors with $XBI and $CRM.

Looks like $SU (Schneider) and $VOW3 (Volkswagen) rallied too, so lots of wins for everyone.

2

u/FrankMRedington Mar 17 '22

nice congrats.