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Novartis AG (NVS): A Bull Case Theory

We came across a bullish thesis on Novartis AG (NVS) on Substack by Max Dividends. In this article, we will summarize the bulls’ thesis on NVS. Novartis AG (NVS)'s share was trading at $103.81 as of Nov 26th. NVS’s trailing and forward P/E were 18.12 and 12.67 respectively according to Yahoo Finance.

[caption id="attachment_1196204" align="aligncenter" width="768"] A pharmacy shelves stocked with pharmaceutical drugs awaiting distribution.[/caption]

Novartis AG, a Swiss pharmaceutical giant, is a standout for investors seeking steady income streams with its reliable 2.34%...