33% margins support GLP-1 rebound bet
NVO looks like an institutional-momentum rebound opportunity because of extreme drawdown into the GLP-1 competitive overhang, but still-high net margins (33% vs ~5% industry) make the risk/reward asymmetric to the upside.
NVO's extreme drawdown into GLP-1 competitive overhang has created asymmetric upside risk given its 33% net margin — far above the roughly 5% industry average — which supports an institutional-momentum rebound thesis.
Target $60.006mo
"Nasdaq Record w/ Hormuz Wildcard"