Novartis Stock UP today 1.64 percent.

[Anonymous]

TheStreet Ratings rates Novartis as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Novartis Ratings Report now.

 

[Anonymous]

Of course they dumped a lot of dead weight dragging them down

"Novartis . It posted a 2% increase in quarterly net profit and actually benefited from positive surprises with regard to generic competition.

Unlike many of its peers, Novartis did not experience the level of competition from generics that it had expected. As such, sales increased by 3% from the fourth quarter of 2012.

That's not to say that Novartis avoided generic competition entirely, but it did get a little bit more breathing space in which to counter lower-cost copies.

Indeed, there were multiple key developments concerning Novartis' product pipeline during the fourth quarter, including regulatory approval for a pre-filled syringe for diabetic macular edema drug Lucentis in Europe and Australia, as well a positive recommendation in the U.K. and Germany for Jetrea, which is used in treating symptomatic vitreomacular adhesion and vitreomacular traction when associated with macular hole.

Novartis has also delivered multiple regulatory filings, which appears to further strengthen the company's position for 2014. Company guidance states that the top line is set to grow at low to mid single-digits, with the bottom line benefiting from improved efficiencies to grow at a slightly faster rate"

 

[Anonymous]

Of course they dumped a lot of dead weight dragging them down

"Novartis . It posted a 2% increase in quarterly net profit and actually benefited from positive surprises with regard to generic competition.

Unlike many of its peers, Novartis did not experience the level of competition from generics that it had expected. As such, sales increased by 3% from the fourth quarter of 2012.

That's not to say that Novartis avoided generic competition entirely, but it did get a little bit more breathing space in which to counter lower-cost copies.

Indeed, there were multiple key developments concerning Novartis' product pipeline during the fourth quarter, including regulatory approval for a pre-filled syringe for diabetic macular edema drug Lucentis in Europe and Australia, as well a positive recommendation in the U.K. and Germany for Jetrea, which is used in treating symptomatic vitreomacular adhesion and vitreomacular traction when associated with macular hole.

Novartis has also delivered multiple regulatory filings, which appears to further strengthen the company's position for 2014. Company guidance states that the top line is set to grow at low to mid single-digits, with the bottom line benefiting from improved efficiencies to grow at a slightly faster rate"

It also helps that they have just sent thousands of you deadweight parasitic out the loser's door!

 

[Anonymous]

It also helps that they have just sent thousands of you deadweight parasitic out the loser's door!

10% down 90% left to go.

 

[Anonymous]

10% down 90% left to go.

Not exactly true - the high paid industry consultants say "~10% of the US Pharma Field Sales force down and about 30% left to go". I get paid to tell Novartis Sr Mgmt that and they must believe it as I made a lot of money on advising them on this reduction. Of course, I've been doing that for 15 plus years and they haven't stopped yet.