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Benzinga
Benzinga
Business
Surbhi Jain

Trump-Induced Volatility Aside, Novo Trades Cheap While Patents Protect Its Profits Until 2032

Novo Donald Trump Novo Nordisk NVO Pfizer
Novo Nordisk

Novo Nordisk A/S (NASDAQ:NVO) is back in the headlines, and not just for its blockbuster weight-loss drug, Ozempic. President Donald Trump recently suggested a dramatic price cut for the drug, sparking some short-term market jitters. But underneath the noise, the stock is cheap at a 14 P/E, and its core drug patents won't expire until 2032, giving investors a long-term protective moat.

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