Due to my response on my blogpost “Salmon Stocks the Best Stocks around” I come with a new seafood industry blogpost.
The Norwegian Seafood index is up 500% the last 5 years. In my last blog I explained the industry’s success by increasing salmon prices. Demand after salmon has outperformed the constricted supply side.
In the chart you can see the industry the last year. As you can see the Seafood index still with a nice positive trend.
What about my take on the performance forwards. It is recognised within the industry Salmon prices move upwards in the pre Christmas Market. Looks like the market has this belief this year as well, ref the chart above.
In the illustration above you have the best performing seafood stock the last years. Norway Royal Salmon has an increcible return of 3000% in 5 years.
This chart is the last month. As you can see NRS is up 20% and still performing. This is a stock you could have picked up since my last blogpost and made a good return.
I may perhaps brag about the Seafood rally coincide with me start covering the industry in the beginning of 2012. But I was not alone. Many an analyst were positive.
I started the year tweeting about my favorite industry for years and I am still tweeting, and there is a good reason for it.