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Reasons that Lifted Vertex Pharmaceuticals Incorporated (VRTX) in Q2

PGIM Jennison Health Sciences Fund released its second quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund modestly underperformed the S&P 1500 Health Care Index in the quarter which declined 1.1%. Security selection within pharmaceuticals, MedTech, and health care provides & services contributed the most value during the quarter, while stock selection within Biotechnology was largely detracted. In addition, please check the fund’s top five holdings to know its best picks in 2024.

PGIM Jennison Health Sciences Fund highlighted stocks like Vertex...