Workflow
Buy These 5 Big Drug Stocks to Boost Your Portfolio's Health
AZNAstraZeneca(AZN) ZACKS·2024-09-26 14:41

The drug and biotech sector has outperformed the broader equity market this year, backed by the launch of promising new medicines, pipeline successes and an increase in merger and acquisition (M&A) activity. Obesity drugs of Novo Nordisk and Eli Lilly (LLY) have witnessed tremendous success, which has played a key role in the industry’s outperformance. The Zacks Large Cap Pharmaceuticals industry has outperformed the broader Medical sector as well as the S&P 500 index this year, as seen in the chart below.I ...