Warren Fyffet: Sampo Oyj (HEL: SAMPO)
“My choose for Top investment pick for 2018 is finnish Sampo Oyj. Sampo is finnish “Buffett style” insurance company. I take part in to Top Investment Picks For 2018 and my choose was the same. My position is 8 at the moment, but my choose haven’t generated any gain. So my opinion is that Sampo’s value haven’t realized. I assume there would be over 7% dividend yield next spring. CEO and President Kari Stadigh has spoken about “esthetically rising dividend”. I learned also last year completion that I have to think about situation end of next year. Last year pick horizon was too long. I assume risen interest rate start to affect companies results in United States and it is good for companies in China either. Therefore there is turbulence in stocks start of year. Sampo is paying dividend in Spring and it will support stock with high dividend yield. After that ECB has announced to rise interest in Summer which is positive for insurance and banking sector where Sampo operate. In Sampo’s main markets Nordic countries Norway and Sweden has already rise interest rates. (Sweden rate is still negative anyway). Rising interest gives positive gain to Sampo’s result end of year. Therefore I assume Sampo’s gain could positive related to other companies.”
So, there you have it – the top investment picks for 2019. In order to track them centrally, I have created this spreadsheet (also presented below) that is publicly available for viewing. The sheet tracks the picks and how the investments perform over the year.
Those are some very interesting picks, and just a one pick is duplicated — ‘Apple’ by Hello Suckers, Stockles & Blog Reader Raymond, while two have gone with private real estate investments. As mentioned, I will track these picks over the year and I will provide quarterly updates on how these securities are doing. You can also find the live coverage anytime by returning to the Stock Picks page.
What are your thoughts on the stocks/funds/cryptos picked by the community? Do you own any of them and/or have a more bullish or bearish outlook or have a better pick than the ones mentioned? Share your thoughts below.
Full Disclosure: My full list of holdings is available here.