Novartis: Value Price, Growth Pipeline

Core Viewpoint - There is a potential opportunity for value investing within the pharmaceutical industry, specifically with Novartis (NVS) stock [1] Company Analysis - Novartis is highlighted as a stock that may be undervalued amidst the current focus on tech and AI companies [1] - The analysis emphasizes the importance of earnings, technological disruption, policy shifts, and capital flows in identifying mispriced opportunities in the market [1] Investment Strategy - The approach combines top-down macroeconomic analysis with bottom-up stock selection and real-time positioning [1] - The analyst shares insights on high-conviction ideas and contrarian views, focusing on both growth and value names [1]