Tyler Mordy
iSHARES MSCI Sweden ETF
EWD-N
TOP PICK
Sep 25, 2017
Sweden is a country with less than 10 million people, but incredibly geared towards the global economic cycle. If you believe we are in this mild, synchronized global upturn, then you want a very highly industrialized nation, geared towards a global recovery. Sweden accomplishes that. Bloomberg just put out their index and said Sweden ranked 2nd in the Innovation Index.
Sweden is a strong market right now so this has had a good run. A good product, but doesn't see it being any stronger than any other European market. Low-cost and efficient.
(A Top Pick Sept. 25/17, Up 0.5%)Sweden is a sleeper country, but their currency is very cheap and it boasts a lot of industrial capacity. Germany, their largest trading partner, is perhaps the most robust economic country. Sweden is firing on all cylinders.
Sweden is a country with less than 10 million people, but incredibly geared towards the global economic cycle. If you believe we are in this mild, synchronized global upturn, then you want a very highly industrialized nation, geared towards a global recovery. Sweden accomplishes that. Bloomberg just put out their index and said Sweden ranked 2nd in the Innovation Index.