Why Gilead Sciences Remains A Buy After A 40% Rally
Portfolio Pulse from
Gilead Sciences' recent financial results for Q4 2024 exceeded expectations, driven by strong sales in its HIV franchise, particularly Biktarvy, which saw a 21.4% year-on-year increase. This performance supports the stock's continued attractiveness despite a recent 40% rally.
February 27, 2025 | 4:15 am
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Gilead Sciences' Q4 2024 financial results surpassed expectations, with significant growth in its HIV franchise, particularly Biktarvy. This supports the stock's continued attractiveness despite a recent 40% rally.
The strong financial performance, particularly in the HIV franchise, indicates robust demand and growth potential for Gilead Sciences. The 21.4% increase in Biktarvy sales highlights the company's successful product strategy. Despite a 40% rally, the stock remains attractive due to these positive results.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100