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Sydnee Gatewood
Sydnee Gatewood
Articles (3534) 

David Herro and Bill Nygren Comment on Novartis

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January 11, 2021 | About:
Novartis (XSWX:NOVN) is a global health care company that produces pharmaceuticals for a range of uses, including oncology, ophthalmology, immunology, neuroscience and cardiology. Novartis' portfolio of compounds is one of the most diversified in the industry; its top-selling compound represents only 9% of its pharmaceutical division's sales. We've followed Novartis for many years and believe the company will enjoy robust long-term growth as management continues to shift the business away from the non-pharmaceutical divisions and refocus on what we think they do best: drug development.

From David Herro (Trades, Portfolio) and Bill Nygren (Trades, Portfolio)'s Oakmark Global Select Fund fourth-quarter 2020 commentary.

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