5 Stocks to Buy in 2021 According to Carl Tiedemann’s TIG Advisors

3. Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN)

TIG Advisors’ Stake Value: $172,546,000
Percentage of TIG Advisors’ 13F Portfolio: 5.79%
Number of Hedge Fund Holders: 69

Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) is a pharmaceutical business based in the United States that focuses on people suffering from rare illnesses. The company was incorporated in 1992 and is placed third on the list of 10 stocks to buy in 2021 according to Carl Tiedemann’s TIG Advisors. 

On August 4, SVB Leerink analyst Geoffrey Porges raised his price target on AstraZeneca PLC (NASDAQ:AZN) to $69 from $63 and kept an “Outperform” rating on the shares.

ClearBridge Investments, in its first-quarter 2021 investor letter, mentioned Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN). Here is what ClearBridge Investments has to say about Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) in its letter:

“We also sold biotechnology holding Alexion Pharmaceuticals ahead of its acquisition by AstraZeneca but expect to redouble our efforts in health care through the rest of the year. We see good growth potential in the sector and after full due diligence, have been busy populating our wish list with new names we would like to own.”