Analytical insights into undervalued Norwegian small-cap stocks listed on the Oslo Stock Exchange.
| Platform |  | Pricing | Freemium | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 78 | Founded | a year ago | Last Issue | 6 days ago |
| Active | |||||
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norwaystocks.substack.comLatest Issues
Gullinbursti Dividend Portfolio – August 2026 Update
August was a strong month for Gullinbursti.
The portfolio gained +5.36%, compared with +4.96% for the OSEBX Gross Return Index, resulting in monthly outperformance of 0.40 percentage points.
The advance was broad. Eight of nine holdings d...
Lerøy Seafood: Back in the Water
After years of sector weakness, the salmon cycle may finally be turning – and Lerøy looks attractively priced.
Salmon gave me one of my first hard lessons in the stock market.
Gullinbursti Dividend Portfolio – July 2026 Update
July brought Gullinbursti back into positive territory. The portfolio gained +4.89%, while the OSEBX rose +5.84%.
It is worth noting that Equinor, the benchmark’s largest constituent, gained +23.25% during the month and provided substantia...
Six Reasons AutoStore Looks Mispriced at NOK 12
The market may be overlooking a proven physical-AI platform.
Nearly 90,000 AutoStore robots are already operating worldwide. The company generates gross margins above 70%, has built a record backlog and is adding software and AI to a prove...
Three Oslo Børs Stocks With 15–20% Yield Potential
One already delivers it, one could sharply increase distributions, and one is approaching a major cash-flow inflection.
An indicated dividend yield of 15–20% can be either a compelling opportunity – or a warning label.
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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.
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