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Is AstraZeneca PLC (AZN) A Good Stock To Buy Now?

Is AZN a good stock to buy? We came across a bullish thesis on AstraZeneca PLC on South Sea Investing’s Substack. In this article, we will summarize the bulls’ thesis on AZN. AstraZeneca PLC's share was trading at $195.78 as of April 21st. AZN’s trailing and forward P/E were 30.69 and 19.23 respectively according to Yahoo Finance.

AstraZeneca PLC has evolved from its origins in the 19th-century chemicals industry into one of the world’s leading pharmaceutical companies, with roots tracing back to Nobel Industries and the formation of Imperial Chemical Industries (ICI). The...