Norwegian Hidden Gems
Sigbjørn Hovda, Nordic EdgeAnalytical insights into undervalued Norwegian small-cap stocks listed on the Oslo Stock Exchange.
| Platform |  | Pricing | Freemium | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 64 | Subscribers | Read | norwaystocks.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Gullinbursti Dividend Portfolio – March 2026 Update
March turned out to be the strongest month on record for Gullinbursti. The portfolio gained +11.62%, ahead of the OSEBX’s +9.30%, as energy names surged and several company-specific catalysts played out in our favour.
Stephen Leeb on Oil, Gold and the End of the Petrodollar
This week marks one year since launching Norwegian Hidden Gems. Over that time, the publication has grown to more than 2,500 subscribers – a community of investors focused on underfollowed opportunities and the forces shaping them.
Reach Subsea: Priced for decline, positioned for inflection
A trough year masks a subsea robotics transition – with earnings, cash flow, and dividends set to inflect into 2027–2030
Trade Alert: Entering Constellation Before the Cash Flow Surge
Earnings visibility improves, dividends move closer and valuation remains disconnected
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Authors
The writers behind this newsletter.
Investor with extensive experience in the Norwegian financial markets since 2002, specializing in small-cap stocks listed on the Oslo Stock Exchange. Professional background includes roles as a stockbroker and investor relations consultant.
Actionable investment opportunities in Nordic-listed companies.
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