
NYSE:NVO
This summary was created by AI, based on 30 opinions in the last 12 months.
Novo Nordisk (NVO) has received mixed reviews from experts, with many expressing concerns about its competitive position against Eli Lilly (LLY) in the weight-loss and diabetes treatment market. Analysts note that LLY is outperforming NVO due to better clinical trial results and a more diversified product pipeline. The stock's technicals remain weak, with declining moving averages and uncertain earnings growth projections. Additionally, the potential challenges from generic competition and recent management changes have led to a lack of clarity regarding NVO's ability to capture market share. Despite these setbacks, some analysts see NVO as a long-term hold, given the growing demand in the diabetes and obesity markets, though caution is advised in the short term.
The pharma sector. Any picks? Pharma's problem is the US election cycle when candidates always bash big pharma. But these stocks are not expensive now, like JNJ which boasts 3 divisions (consumer, medical devices and pharma); and Novo Nordisk, which offers a diabetes pill and obesity pill. Buy a small position now as well as when they pull back during the election campaign, and certainly after the election. NVO increases its dividend perennially. The Dems and Republicans are equally critical of pharma.
(A Top Pick Oct 04/17, Down 7%) Has owned this for 22 years. #1 insulin maker in the world. Just came out with a drug for weight loss. There'll be a 54% increase in diabetes in 12 years. They and Merck had the best revenue growth. Stock fell a little because a competitor got FDA approval for a similar insulin. They are selling more outside the U.S. and need to sell more to China and India. Then, the street will favour them again.