Swedish Match – The Scandinavian Sin Stock

The company: Swedish Match is included in the Scandinavian dividend portfolio. Based in Stockholm, Sweden, and listed on the Stockholm Exchange with the ticker SWMA, Swedish Match is a company that makes snuff, snus, chewing tobacco, cigars, matches and lighters. It was originally a matchstick company (merged with tobacco producer in 1992 under the Procordia…

Sin Stocks And Performance (Why Sin And Unethical Stocks Outperform)

A certain group of stocks has outperformed the rest of the stock market by a wide margin: Sin stocks. We can also label these stocks “unethical stocks”. Sin stocks outperform the market because the industry has high barriers to entry, has high margins, requires little capital, the products are addictive, and regulation leads to oligopoly…