Novartis AG was incorporated in 1996 and is a multinational group of companies specializing in the research, development, manufacturing and marketing of a broad range of innovative pharmaceuticals and cost-saving generic medicines (Sandoz Division).
First of all, thank you for your work! I follow you on Twitter and plan to take some of your insights, as well as other Newsletters, as basis in order to structure my personal Company Analysis.
Just a quick question (even though this is an old thesis): if your estimated stock price is 14% higher than the stock price at that moment in time, how could the IRR in 5 years be as well 14%?
A yearly CAGR of 14.2%, starting at 81$, would give me a final price of around 157$ after 5 years. Am I missing something here?
First of all, thank you for your work! I follow you on Twitter and plan to take some of your insights, as well as other Newsletters, as basis in order to structure my personal Company Analysis.
Just a quick question (even though this is an old thesis): if your estimated stock price is 14% higher than the stock price at that moment in time, how could the IRR in 5 years be as well 14%?
A yearly CAGR of 14.2%, starting at 81$, would give me a final price of around 157$ after 5 years. Am I missing something here?
Thanks in advance for your response.