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Investing in Ozempic Stocks – Unlocking the Stock Price Growth PotentialBest Europe Stocks to Buy: Will 2020 See a European Renaissance?26 Stock Top Picks and 3 ETF (Dec 7-13)This summary was created by AI, based on 25 opinions in the last 12 months.
Experts have varying opinions on Novo-Nordisk (NVO-N) stock, with some highlighting the company's strong position in the obesity drug market and potential for future growth. Others caution about the rising competition and long-term effects of the weight-loss drugs. The stock's recent momentum and positive earnings are also noted, along with the company's dominance in diabetes care. Overall, the stock appears to have generated considerable interest and debate among experts due to its involvement in the weight-loss drug market, with both positive and cautious sentiments expressed.
It has quality drugs including a weight loss drug and pays a dividend. There are two main risks, one being that insurance companies may not be able to pay for the weight loss drug until the pricing comes down. Also we don't really know what the side effects are and may not know for another five years. You can buy on weakness for exposure to the sector.
Also owns LLY and bought NVO for the same reasons: the obesity tailwind, but NVO is cheaper than LLY at 37x forward PE. This and LLY have 80-80% market share with tremendous growth and cash flow.
She missed the trade, but would get in on a pullback. Certainly, there is a market (and growth) for obesity drugs like NVO's.
Big difference between a company and a stock. It's like buying a jacket for different price points of $1000, $300, or on sale for $150. You make an investment/purchase decision.
LLY and NVO are great companies, but you have to look at how expensive they are. Quite expensive at around 50x earnings. Good growth rates. A reasonable multiple for a drug company is sub-20x, and these won't get there via discounted cashflow until next decade. That's a long way out.
He looks for things that have yet to be priced properly. He owns MRK.
Weight loss drugs go to a huge audience in the US. Have to take them for life. Helps indirectly with other conditions too. Lots of opportunity. Increased use means savings on health costs for government and insurance. Novo and LLY have an extensive lead on everyone else, which isn't going away. Yield is 1.5%.
(Analysts’ price target is $127.32)A personal holding since 1995. Their weight-loss drug is the big news now. Remember that after this hype, we'll see if there are any long-term side effects (i.e. the stomach). It's an unproven drug, but could be fine. Meanwhile, they grow their dividend 12% annually. He took profits, because shares ran up so fast. Have the highest R&D to revenues among pharmas. A long-term hold.
Novo and Eli Lilly have both run up, but there's still more room to go, given the strong demand for their weight-loss drug. Insurers will probably pay for these drugs, because without them consumers couldn't afford them. Sure, others are developing their own drugs, but it's not easy. Pfizer just announced it's giving up.
Global leader. Recently became Europe's most valuable company by market cap. Diabetes and obesity drugs. Weight loss drug data showing positive cardiac effects as well. Raised guidance to 38% sales growth this year, with operating profit near 46% on the top end. Obesity treatment projected to move from 1M to 48M users by 2030.
Share price above its moving averages, beating S&P, 25% earnings growth rate forecast. Yield is 0.89%.
The largest company in Scandinavia. There is and will be lots of competition in weight-loss drugs. NVO has made a fortune through this drug, but their margins will shrink over time as competitors come. If you own this already, take profits, but don't expect NVO to double again.
Good job marketing Ozempic, taking the US and other countries by storm. Could be a $100B drug class for all participants. Significant weight loss, kidney and heart benefits. Always going to be side effects. Because of its runup, start with a 1/2 position, and then add on any weakness.
He strongly disagrees with some analysts who say that the new weight-loss drugs won't move the needles of their company stocks. He expects huge demand for these drugs to battle diabetes, which would prevent many other diseases. He sees a lot of runway ahead for LLY and Novo Nordisk.
Good chart which is indicating momentum. Would recommend buying.
It has had positive momentum but don't chase it. Two of its drugs are leaders in the space but we don't know the long term effects of these drugs. There are competing products being developed in the weight loss space.
Novo-Nordisk is a American stock, trading under the symbol NVO-N on the New York Stock Exchange (NVO). It is usually referred to as NYSE:NVO or NVO-N
In the last year, 18 stock analysts published opinions about NVO-N. 15 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Novo-Nordisk.
Novo-Nordisk was recommended as a Top Pick by on . Read the latest stock experts ratings for Novo-Nordisk.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
18 stock analysts on Stockchase covered Novo-Nordisk In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Novo-Nordisk (NVO-N) stock closed at a price of $129.85.
High growth ahead. Europe's most valuable company by market cap. They lead the market in diabetes care, supplying half the world's insulin. Command one-third of the diabetes treatment business. Their weight-loss drug is growing strong which also prevents stroke and drives more demand. The chart is a dream. 18-20% EPS growth lies ahead.
(Analysts’ price target is $131.89)