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Tuesday, Nov 20
2012, 7:46 PM
After two years of under-performance shares of Novartis (NVS) could be poised for gains going...
After two years of under-performance shares of Novartis (NVS) could be poised for gains going into next year, according to Barron's. The report cites a promising pipeline of drugs, a 4% dividend and a below-market multiple, all of which should pay off handsomely over the near-term. Additionally, nearly 30% of the company's sales come from drugs that have come to market just since 2007, which Barron's attributes to the company's continued heavy investment into R&D, and is another element that adds to the stock's long-term attractiveness.