So I am thinking about buying $NVO (Novo Nordisk) for the following reasons: - Steadily increasing dividends with a nice yield - great balance sheet, lots of cash, low dept - I assume (but obviously I can be wrong any time) that the share price will not go below $30
I can hold the stock for 10 - 15 years if needed, I think it is a solid pharma company (like a more risky version of JNJ).
What is your opinion, do you see any upside (even short term like 10% in 2017) ? Is there anything to worry about with this company?
Submitted April 09, 2017 at 06:39AM by wsace http://ift.tt/2oeeTlQ
