Novo Nordisk A/S is a Danish company that recently introduced a cure for obesity. Shares of $NVO+2.5% are up more than 20% in the past month and more than 40% this year. For me, the company is going in a good direction and the business is also great, as obesity is really affecting a lot of people at the moment and if the development of this drug goes as well in the future as it...
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Novo Nordisk $NVO+2.5% closed the day yesterday with a larger market capitalisation than LVMH, making it Europe's largest public company. Novo's share price rose 1.9 percent to $189.3, giving the company a market capitalization of $423 billion.
Do you have shares of $NVO in your portfolio?
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I don't have NVO stock in my portfolio, but I am very interested in the company and have been following it from afar :)
Have a nice Sunday, what are your views on Novo Nordisk $NVO+2.5% farm ? Thursday's results were very good and the company is obviously doing very well right now :)
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The company looks great to me, but the price? Ugh... I don't know if I'd enter.
The company is doing very well indeed. It's healthy and making solid amounts of money. The chart is logically consistent with that. But now I think it's way up and even though there's no major tooth on the chart, I'm not going to go for it.