NOVO NORDISKDRN forum
NVO to the mooooon
NVO Next NOVO Golden Level at F 261.8 (161.8 USD)GOLDEN X GOLDEN
NVO 123-124 presented a favorable buying opportunity with relatively robust support. Can we anticipate reaching 134 or even new highs before the end of next week?
NVO America will only get fatter. Might as well make money off it
NVO This is one of those relatively rare stocks that are riding huge momentum from the 4Hr to the 1 month AND are pre-announcing profitability AND have a solid "disruption" narrative with the repurposing f their diabetes drug into a safe and effective long t4erm weight reduction vanity drug (although it hasn't yet eliminated the need to inject weekly....they're working aggressively on a capsule or tablet and, if and when they succeed (which is likely to be in the next year), it should transform NVO from a very robustly profitable biopharma stock to a mega-corporate, patented 'thin pill" manufacturer. Sort of like Prozac before the patent expired. People in the US, let alone remaining developed countries want to be happy (Prazac upon patented release 35 yers ago) and thin (NVO's patented drug now). So while the paradigm of it's sub-sector makes it a strong stock that is reaching the limits of value per share (and a premium), well, with the 800lb gorilla in the room of think Americans everywhere eating whenever they choose and remaining thin, the enormous value of having cornered the weight loss/maintenance market (estimated to be in the 100's of billions in added revenue per quarter) makes this price analogous to entering AMZN when it was a bookstore. After AMZN's paradigm shift (and even before its AWS) there was a 2000x profit per share over the next decade, Ann, try as they might, the press and competitors have only come with 1 headwind: that insurance won't cover the cost of the drug. Well, two European nations have had insurance coverage cleared. And the US market for weigh loss is enormous as a discretionary expense. Even Weight Watchers became a NasDaq multibillion dollar venture based on pamphlets and coaches. NVO can and will offer a once a week self-injection that keeps a person thin. People in the US will go into debt to buy such a thing. Pill form? NVO has the non-trivial probability of becoming a mega-cap. So buying no is. a bargain. Just my opinion.
NVO's drugs are getting interesting.On one hand CMS (center for medicare and medicaid services capped insulin at $35.
On the other hand, they are branching their diabetes drugs into vanity. Celebs on tiktok taking them for weight loss and wealthy individuals are buying up wegovy like the magic pill to get you thin.
Then on the third hand...Pediatricians in America are strongly urging the medical community to allow "aggressive" medical interventions to combat childhood obesity. Aggressive treatments such as bariatric surgery and these magic pills from big pharma. We are talking about kids 13 and older.
I really want to see these pediatrician's financial disclosure on their funded research and prescribing habits before their strong urges. Just take a pill seem like a very American Allopathic way for curing any conditions. Would there be psychological risks involved such as a generation growing up not feeling like they need to be accountable for their actions? Looks like Bill Ackman's short position on KO and PEP isn't as crazy now.
Regardless of my opinion, of the likes of
NVO have their way and expand their usage, this would be massively bullish news.