An Example of Strong Single Stock Seasonality
Many individual stocks exhibits phases of seasonal strength. Being invested in these phases is therefore an especially promising strategy.
Danish drug company Novo Nordisk
Today I want to introduce you to a stock that tends to advance particularly strongly at this time of the year: Novo Nordisk. The Danish pharmaceutical group supplies a broad range of products and is a global market leader in diabetes drugs.
Novo Nordisk exhibits a brief, but very strong seasonal phase
Take a look at the seasonal chart of Novo Nordisk below. This is not a standard price chart showing prices moves over a specific time period. Rather, the seasonal chart depicts the average price pattern of Novo Nordisk in