7 Basic Materials Stocks to Buy to Anchor Your Portfolio

The movement of basic materials stocks requires investors to keep a keen eye on the state of the economy to determine profitability. Raw materials such as plastic, steel, and lumber will always be in demand. Here are 7 stocks to take advantage of the growing demand!

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NVS
Novartis AG
NYSE
102.55
Open 102.87 Prev Close 102.57
High 102.93 Low 102.50
Volume 0 Volume (Avg) 1,578,460
52 Week High 94.72 52 Week Low 67.52
Market Cap 192.6B PE Ratio 14.75

Shares Stats

Shares Outstanding2,256,819,968
Shares Float2,111,415,003
Shares Short6,696,425
Insider Holdings0%
Institution Holdings10.08%

About Novartis AG

Novartis AG researches, develops, manufactures, and markets healthcare products worldwide. The company operates through two segments, Innovative Medicines and Sandoz. The Innovative Medicines segment offers prescription medicines for patients and healthcare providers. It also provides ophthalmology, neuroscience, immunology, hepatology and dermatology, respiratory, established, and cardiovascular, renal and metabolism medicine products. The Sandoz segment provides active ingredients and finished dosage forms of small molecule pharmaceuticals to third parties across a range of therapeutic areas, as well as finished dosage form anti-infectives. It also provides active pharmaceutical ingredients and intermediates primarily antibiotics; protein- or other biotechnology-based products, including biosimilars; and biotechnology manufacturing services. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran; and an agreement with CureVac to manufacture COVID-19 vaccine candidate CVnCoV. The company was incorporated in 1996 and is headquartered in Basel, Switzerland.

General

NameNovartis AG
TickerNVS
ExchangeNYSE
SectorHealthcare
IndustryDrug Manufacturers-General
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees105,794

Highlights

Analyst Target104.67
Market Cap192,553,582,592
PE Ratio14.75
PEG Ratio2.19
EBITDA17,270,999,040

Financials

Curr Year EPS Estimate6.37
Next Quarter EPS Estimate1.58
Profit Margin0.16
Return on Assets0.06
Return on Equity0.14
Revenue49,762,000,896
Earnings Per Share3.52
Revenue Per Share21.85
Gross Profit35,362,000,000
Quarterly Revenue Growth0.02

Valuation

Trailing PE24.24
Forward PE13.44
Price/Sales (Trailing 12 Mt.)3.90
Price/Book (Most Recent Quarter)3.38

Dividend

Novartis AG pays out a dividend of $3.40 per share, with a dividend yield of 3.64%.

NVS's last dividend payment was made to shareholders on March 15, 2021.

They pay out 58.44% of their earnings out as a dividend.

Recent Dividends

Apr 19, 2024$3.74
Mar 20, 2023$3.47
Mar 17, 2022$3.36
Mar 15, 2021$3.38
Mar 12, 2020$3.04
Mar 13, 2019$2.83
Apr 25, 2018$2.94
Apr 20, 2017$2.72
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