Recent Buy: Hennes & Mauritz AB (B)

Portfolio and overall markets are in all time high valuations but still there are some investment opportunities available. H&M is one of them. I’m still not a huge fan of the sector in general but the company characteristics, yield, debt and cash balance make it very difficult to ignore right now. SEK exchange rate is also one factor in this process which could turn out to be a positive driver for the future. Today I bought 40 additional shares for 255,80 SEK per share. Depending on the market mood swings I might make identical purchase during Q1/2017.