Recent Buy: Nordea Bank

Nordea Bank has been dropping lately as has the nordic banking sector as a whole. Main reasons has probably been the situation in Italy and the money laundering issues in general. This resulted a very interesting valuation for Nordea Bank. Therefore I decided to add 200 shares for 8.80 EUR per share. This valuation provides, in my humble opinion, nice upside potential and excellent yield for coming years. Then there’s the potential for MA by Sampo.