Novo Nordisk: The Market Doesn't Get It

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1.18K Followers

Summary

  • Novo Nordisk remains dominant in diabetes and obesity care, with strong growth and expanding market share despite recent investor concerns.
  • The company’s pipeline, especially the oral GLP-1 and Alzheimer’s trial, offers significant long-term upside.
  • The company needs to grow its top-line at mid-% to justify its current valuation. By assuming the market growth rate, the company is massively undervalued.
Selection of weight loss drugs

Douglas Cliff

In my last article, I stated that the fear surrounding Novo Nordisk A/S (NVO); (OTCPK:NONOF) was overblown. At that time, concerns about competition and the sustainability of NVO's growth in their weight loss segment dimmed investors' confidence. The stock hasn't

This article was written by

1.18K Followers
German Buy-Hold-Check investor. With a master's degree in engineering and management, I am able to understand, quantify, and interpret both the economics and (to some point) the technology of companies.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of NVO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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