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NONOF - DaVita Stock Is A Hold As It Expands In Latin America
Novo-Nordisk A/S
2024-03-18 10:02:54 ET
Summary
US providers for kidney dialysis and renal solutions, such as DaVita Inc. and Novo Nordisk, have seen significant gains in the past year.
DaVita's decision to expand its renal care operations in Latin America, particularly in Brazil, Colombia, Ecuador, and Chile, will help grow revenues and establish a foothold outside of the US.
DaVita's focus on home-based dialysis and hospital in-patient hemodialysis needs improvement, as these areas contribute less to revenue compared to outpatient dialysis services.