Is AstraZeneca (AZN) Stock a Buy For 2021?
Baron Health Care Fund recently published its fourth-quarter commentary – a copy of which can be downloaded here. During the fourth quarter of 2020, the Baron Health Care Fund returned 17.1% (institutional shares). In comparison, the benchmark S&P 500 Index was up 12.15%, while the Russell 3000 Health Care Index was up 10.08%. You should check out Baron’s top 5 stock picks for investors to buy right now, which could be the biggest winners of 2021.
In the Q4 2020 Investor Letter, Baron Health Care Fund highlighted a few stocks and AstraZeneca Plc (NASDAQ:AZN) is one of them. AstraZeneca Plc (NASDAQ:AZN) is a pharmaceutical company. In the last three months, AstraZeneca Plc (NASDAQ:AZN) stock lost 4.4% and on February 17th it had a closing price of $51.45. Here is what Baron Health Care Fund said: