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Is Now the Right Time to Buy NovoCure?

·3 min read
Is Now the Right Time to Buy NovoCure?
In this article:
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  • NVCR

NovoCure (NASDAQ: NVCR) was one of the better-performing stocks of early 2021, but the big gains came to an end in June. Is the recent plunge an opportunity to buy a great medical device stock on sale, or is it the beginning of a longer slide? NovoCure's flagship product, Optune, is a weird-looking, battery-powered hat that generates electric fields in order to disrupt cancer cell division.