NAS - Debt free and ready for boom?
While the technicals on the chart indicate its early - I cannot but help like the balance sheet and fundamentals of Norwegian. Currently debt free, best in class fuel efficiency and flying as many passengers last month as its heavily indebted competitors in the Nordics (SAS). Simplywallstreet indicates 18NOK per share value - likely to low - however its a nice starting ground for what CNBC Wednesday on the Alaskan Air report that we are on the cusp of multi year trend in travel. Likely will add SHOT (Scandinavian to the is part of the portfolio as well). 50/200 is neutral - but take time to catch up. Price action the last couple of days has been interesting.
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