Here is What to Know Beyond Why Novo Nordisk A/S (NVO) is a Trending Stock

Novo Nordisk (NVO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this drugmaker have returned +11.3%, compared to the Zacks S&P 500 composite's +3.3% change. During this period, the Zacks Large Cap Pharmaceuticals industry, which Novo Nordisk falls in, has gained 5.8%. The key question now is: What could be the stock's future direction?Although m ...