Due to geopolitical tensions, AstraZeneca is considering spinning off its operations in China and listing a separate division in Hong Kong. However, there are no confirmations from the company itself and it may ultimately just remain a rumor.
In their results presentation, they mentioned 10 potential blockbuster chances related to their success with novel medicines. Since then, Tagrisso's phase three trials for the treatment of non-small cell lung cancer, the most prevalent kind of lung cancer, have shown promising results. With 38% of AstraZeneca's projected sales coming from the treatment of cancer, this industry is already the company's strongest.
Farxiga has also received US approval as a therapy for heart failure. It has managed to improve the performance of the cardiovascular, renal, and metabolism [CVRM] division, which is the second largest contributor to the company's revenues and has already demonstrated strong growth of 32% YoY in Q1 2023. This is encouraging for the company's growth in general, given that the US accounts for 42% of its overall revenues and is its largest market.
Without a doubt, AstraZeneca continues to be a market-leading pharmaceutical business with expanding revenues, steady earnings, and a promising therapy pipeline. This is further supported by its estimate for 2023, which anticipates solid revenue and profitability growth.
This suggests that it can hold investors in good stead over the long term. It has already proven itself in the past. Over the past five years, the asthas nearly doubled investors' money despite all the ups and downs that have occurred in between.
[link] [comments] https://www.reddit.com/r/stocks/comments/14gehq0/is_astrazeneca_healthy_enough_for_a_long_term_hold/
Accedi per aggiungere un commento
Altri post in questo gruppo
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate
