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Kritika Sarmah

2 Pharma Stocks to Buy Right Now and 1 You Might Want to Consider Selling

AZN BMY SNDL Kritika SarmahHer United States AstraZeneca Plc BristolMyers Squibb Company European Medicines Agency Recession SNDL Inc

The use of cutting-edge digital platforms, big data analytics, cloud computing, and artificial intelligence (AI) is transforming the pharmaceutical sector. Moreover, with looming recession fears, investing in the pharmaceutical industry could be ideal, thanks to the inelastic demand for its products and services.

I think quality pharma stocks AstraZeneca PLC (AZN) and Bristol-Myers Squibb Company (BMY) can help hedge against market uncertainties. However, SNDL Inc. (SNDL) might not be worth owning. In this piece, I will discuss these stocks in detail.

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