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Novo Nordisk A/S (NVO): A Bull Case Theory

We came across a bullish thesis on Novo Nordisk A/S (NVO) on Long-Term Pick’s Substack by Dan. In this article, we will summarize the bulls’ thesis on NVO. Novo Nordisk A/S (NVO)'s share was trading at $106.13 as of Nov 27th. NVO’s trailing and forward P/E were 35.59 and 27.25 respectively according to Yahoo Finance.

[caption id="attachment_652071" align="aligncenter" width="750"] Pixabay/Public Domain[/caption]

Novo Nordisk is a global leader in healthcare, renowned for its groundbreaking innovations in diabetes and obesity treatment, notably through products like Ozempic...