Obesity Drug Boom, Split Make This Stock a Heavy Bargain

Key Points

  • Rapidly growing demand for Novo Nordisk’s GLP-1 diabetes and obesity treatments are fattening up its financial results.
  • Last month, the company completed a 2-for-1 stock split that put its price under $100.
  • Management raised full-year sales growth outlook to 27% to 33%, reflecting the company's massive market share in a pair of fast-growth markets.
  • 5 stocks we like better than Novo Nordisk A/S

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Should you invest $1,000 in Novo Nordisk A/S right now?

Before you consider Novo Nordisk A/S, you'll want to hear this.

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While Novo Nordisk A/S currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Novo Nordisk A/S (NVO)
2.0383 of 5 stars
$126.71-0.5%1.05%43.69Moderate Buy$133.60
Eli Lilly and Company (LLY)
4.7178 of 5 stars
$775.00-0.4%0.67%114.14Moderate Buy$757.95
Walmart (WMT)
4.5832 of 5 stars
$60.30-0.5%1.38%31.52Moderate Buy$61.94
Mondelez International (MDLZ)
4.6509 of 5 stars
$70.43-0.6%2.41%22.36Buy$80.75
Nestlé (NSRGY)
2.5371 of 5 stars
$103.54+2.3%2.12%N/AReduce$153.00
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