**Norsk Hydro: Solid Returns on a Pricy Aluminum Stock**

**European Industrial Giant Sees Significant Upswing: A Closer Look**

As we revisit Norsk Hydro’s performance over the past six to seven months, it’s clear that the company has experienced a substantial turnaround. This upward trend is a notable shift from my previous assessment, and it’s essential to examine the factors contributing to this change.

While Norsk Hydro presents an intriguing investment opportunity, it’s crucial to acknowledge that there are other potential investments in the sector that may offer more substantial upsides. For those seeking more robust returns, consider exploring alternative options that could provide better value.

As a seasoned analyst and private portfolio manager with over a decade of experience in European and North American markets, I’ve developed a keen eye for identifying reasonably valued stock ideas. My expertise spans multiple regions, including Scandinavia, Germany, France, the UK, Italy, Spain, Portugal, and Eastern Europe.

**Important Disclosures**

I hold a beneficial long position in Norsk Hydro shares through stock ownership, options, or other derivatives. This article reflects my personal opinions and is not influenced by any external compensation. I am not a licensed financial advisor, and this article should not be construed as investment advice. Investors must conduct their own research and due diligence before making any investment decisions.

Short-term trading, options trading, and futures trading carry significant risks and may not be suitable for investors with limited capital, experience, or risk tolerance. Additionally, investing in European or non-US stocks involves withholding tax risks specific to the company’s domicile and individual circumstances. It’s essential to consult a tax professional to understand the implications of dividend withholding taxes and explore strategies to mitigate them.

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