Thoughts on these stock picks?

I need some actionable advice.

I live in Denmark, and I have 100k dkk in iusq, and would like to invest another 50k dkk over the next 7+years into stocks for potentially higher yield. This is pretty much my entire savings, but i have more income than I spend so it's okay, i think. know it might not sound like a lot of money for most people here, but it's a lot for me, so i would like to make sure i make smart choices with it. I was thinking of putting 10k in each of these stocks.

Novo Nordisk (NVO), Lundbeck (HLUYY), ALK-Abello (ALK), Genmab (GMAB), and Ørsted (ORSTED).

Reasoning:

Novo Nordisk is a global leader in diabetes care and has a strong pipeline of new products.

Lundbeck is a pharmaceutical company that specializes in brain disorders, which is a growing area of need.

ALK-Abello is a Danish company that produces allergy immunotherapy treatments, which is a growing market globally.

Genmab is a biotechnology company that develops antibody therapeutics, which has a high potential for growth.

Lastly, Ørsted is a leading energy company that is focused on renewable energy, which is projected to continue growing in demand over the coming years.

submitted by /u/uwuNachos
[link] [comments] https://www.reddit.com/r/stocks/comments/13e3pg1/thoughts_on_these_stock_picks/
Created 2y | May 11, 2023, 2:20:57 AM


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