AstraZeneca: Oncology Dominance Justifies New All-Time Highs
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ALLKA Research3.19K FollowersFollow5ShareSavePlay(12min)CommentsSummaryAstraZeneca started 2026 on a high note.On January 7, its stock reached an all-time high of $95.94.The key drivers of increased investor interest in AstraZeneca are the strong performance of its oncology and cardiovascular franchises.For example, sales of Tagrisso, an EGFR inhibitor for the treatment of people with non-small cell lung cancer, reached $1.86 billion in Q3, up 11.4% year-on-year.And coupledwith significant progress in its baxdrostat and blockbuster therapy Imfinzi, Icontinue to cover AstraZeneca with a 'Buy' rating. PeopleImages/iStock via Getty Images Since my last article, "AstraZeneca: Oncology Breakthroughs And Farxiga Surge Excite Investors," AstraZeneca shares (NASDAQ:AZN) (OTCPK:AZNCF) have risen 26.9%. In the 1-D chart, the first thing I saw was the bears trying to push its stockThis article was written byALLKA Research3.19K FollowersFollowWith over two decades of dedicated experience in investment, Allka Research has been a guiding force for individuals seeking lucrative opportunities. Its conservative approach sets it apart, consistently unearthing undervalued assets within the realms of ETFs, commodities, technology, and pharmaceutical companies.Allka Research's journey in the investment landscape is marked by a commitment to delivering substantial returns and strategic insights to its clients. In a world filled with complexities, Allka Research thrives on simplifying investment strategies, ensuring accessibility for both seasoned investors and those just starting.Driven by an unwavering passion for empowering others financially, Allka Research seeks to share its wealth of knowledge through Seeking Alpha. Its mission is to contribute thought-provoking analyses and informed perspectives to the Seeking Alpha community. With a desire to demystify the intricacies of investing, Allka Research aims to inspire confidence in its readers, fostering a community of informed investors who can navigate the markets with intelligence and understanding.
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