December 05, 2012 at 17:43 PM EST
Novo Nordisk Offers Steady Gains To Go With Dividend
Denmark's Novo Nordisk (NVO), the world's top producer of diabetes drugs, has offered steady capital gains and a dividend too. The stock has quadrupled from its low in April 2009 and is currently in the sixth week of a cup-type base. The pattern is second stage, which gives it a better chance of success than a later-stage pattern. Novo has recovered from a 9% drop Nov. 6, when the Food and Drug Administration warned of possible heart problems with
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