Is it a good idea to sell Novo Nordisk? So far I’ve lost about $800 since I bought the stock about a year ago. Is it better to hold to see if it goes back up or take the loss?
They are a leader in wt loss drugs vs Lilly. Much growth potential especially if insurance companies will cover them. But also increasing competition. Early enthusiasm seems to have faded. To me its a risk. Could be great but not a sure thing.
Thank you for your input!