We came across a bullish thesis on Alvotech on r/valueinvesting by 123Thorr. In this article, we will summarize the bulls’ thesis on ALVO. Alvotech's share was trading at $5.29 as of January 28th. ALVO’s trailing and forward P/E were 23.00 and 10.95, respectively according to Yahoo Finance.
[caption id="attachment_575381" align="aligncenter" width="750"]Alvotech ($ALVO) is emerging as a fast-growing biosimilars manufacturer, generating roughly $500 million in annual revenue by developing and commercializing lower-cost alternatives to...
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