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Should You Buy Novocure Stock Right Now?

TheMotleyFool

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Should You Buy Novocure Stock Right Now?: https://g.foolcdn.com/editorial/images/730947/novocure-person-with-ttfields-on-head.jpg

Going, going, gone? That could be the question that (NASDAQ: NVCR) investors are asking these days. Shares of the oncology company plunged 56% in 2021. The stock slid 2% lower last year. And so far in 2023, Novocure is down around 13%.

However, some would argue that the best days for the company lie ahead. Should you buy Novocure stock right now? Here are the cases both for and against this beaten-down cancer stock.

Let's start with the pessimistic view. When a stock falls as much as Novocure has over the last couple of years or so, there's always an underlying reason.

Source Fool.com