£85 for a share in AZN.
New deals for them on the cards. Lots of investors with low horizons getting excited about grabbing some quick profits. None of which are guarenteed.
But what about the long term? What are the odds the share price can rise another 100% and hit £160 in the next 10 years? Unlikely? That’s only 10% a year.
So is this company a good long term buy? Or is it best to invest capital elsewhere?
I cover the answers to all these questions in this weeks episode of The FTSE Show, which I’ve literally just uploaded.