The Long Investor
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$NVO - WATCHLIST -
🕑 Added 2025-05-08 11:12:46 +0000 UTCThe plan remains the same here
A pull back in 3 waves and holding between $61 - $64 and I'll add to my position.
Trumps 'earth shattering' statement makes very little difference on where this is going next.
$NVO is undervalued and I believe has limited downside and favours the reward side here
Let's take advantage of this pull back once it holds.
Comments
Daniel
Thanks Cap! Lars Fruergaard Jørgensen, president and CEO of NVO stated during the conference call "we have reduced our full-year outlook due to lower than-planned branded GLP-1 penetration, which is impacted by the rapid expansion of compounding in the US." Their partnership with HIMs should curb that concern AND once they get their manufacturing operations for Wegovy at the former Catalent plant in Southern Indiana operating at a highly efficient level that concern is eliminated imo.
