10 Best Performing Swedish Stocks
Here are 10 Swedish Stocks that have Crushed the S&P 500 Index
The US stock market has generated fantastic returns for investors over the last century. However, it's also one of the most well-followed markets in the world.
By looking at other countries across the globe, investors stand a better chance of discovering hidden gems with market beating potential.
And one country that has consistently produced market beating stocks is Sweden.
Here are 10 Swedish companies that have greatly outperformed the S&P 500 over the last decade:
1.) Mycronic AB
Mycronic is a conglomerate that sells production equipment to customers in the electronics industry.
Through its subsidiaries, Mycronic designs and manufactures complex and often overlooked equipment that it sells to a variety of industries including industrial, aerospace, defense, automotive, and more.
10-year Total Return: 3,392%
Market Cap: $4.1 billion
10-year EPS CAGR: 19%
2.) Vitec Software Group
Vitec is a serial acquirer of vertical market software (VMS) companies.
Its software caters to specific niches like pharmacies, banks, car workshops, real estate, & education.
10-year Total Return: 2,698%
Market Cap: $2 billion
10-year EPS CAGR: 20%
3.) Invisio AB
Invisio sells personal communication and hearing protection systems such as headsets, control units, intercom systems, and more to professionals in the defense and military, law enforcement, and security sectors.
10-year Total Return: 2,233%
Market Cap: $1.1 Billion
10-year EPS CAGR: 15.8%
4.) Note AB
Note AB provides electronics manufacturing services to business customers across Sweden, Finland, the United Kingdom, and several other markets.
Its manufacturing services include component selection, developing test equipment, prototyping, and serial production.
10-year Total Return: 2,128%
Market Cap: $400 million
10-year EPS CAGR: 33%
5.) CTT Systems
CTT Systems designs and sells humidity control products to commercial airliners and private jets all over the world.
Its products include humidifiers and dehumidifiers for passenger cabins, flight decks, crew rest compartments, and VIP/business jets.
10-year Total Return: 1,593%
Market Cap: $416 million
10-year EPS CAGR: 59%
6.) Biotage AB
Biotage AB provides separation technologies in the areas of organic and analytical chemistry and biomolecules.
Biotage primarily sells its separation technology products to pharmaceutical companies, research laboratories, and academic institutions around the globe.
10-year Total Return: 1,654%
Market Cap: $1.2 Billion
10-year EPS CAGR: 14.3%
7.) Lagercrantz Group AB
Lagercrantz Group AB is a serial acquirer that today is home to group of 72 different tech companies.
Across its 72 subsidiaries, Lagercrantz breaks its the companies into 5 divisions mostly based on their end products. The 5 divisions include 1) Electrify, 2) Control, 3) TecSec, 4) Niche Products, and 5) International.
10-year Total Return: 1,196%
Market Cap: $3.6 billion
10-year EPS CAGR: 17.5%
8.) Lifco AB
Lifco AB is yet another serial acquirer that's home to companies operating across 3 categories: 1) Dental, 2) Demolition and Tools, and 3) Systems Solutions.
Lifco's subsidiaries are in Sweden, Norway, Germany, the rest of Europe, Asia, Australia, North America, and other international markets.
10-year Total Return: 1,216%
Market Cap: $11.6 billion
10-year EPS CAGR: 22%
9.) HMS Networks
HMS provides industrial communication and IoT solutions under the Anybus, Ewon, IXXAT, and Intesis brands.
10-year Total Return: 1,040%
Market Cap: $2 billion
10-year EPS CAGR: 24.8%
10.) Indutrade
Indutrade is an industrial conglomerate that sells various parts including valves, measurement technology, industrial equipment, pipes, and more.
10-year Total Return: 790%
Market Cap: $9.7 billion
10-year EPS CAGR: 16.7%
There are tons of other Swedish companies that have beat the S&P 500 over the last decade. And by using the FinChat Screener, they're easy to find.
Simply select "Sweden" in the countries tab, and set the "10-year Performance" to greater than 12% under screener criteria section.