first_imgSimply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address FTSE 100 firm AstraZeneca (LSE: AZN) is currently down 11% from its 2020 high of 7,878p. The biopharmaceutical firm now hovers around 6,887p.In my view, this company is a great buying opportunity right now. And the market appears to think so too. AstraZeneca is already up 9% from its coronavirus-related drop in March. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…A wide economic moatSome analysts say AstraZeneca has a wide economic moat. In plain English, this phrase refers to the firm’s large competitive advantage when compared with its peers.The company is a major presence in the pharmaceutical and biotech industry. AstraZeneca is a highly regarded FTSE 100 household name. It is globally renowned for its patent-protected drugs. Its innovative developing pipeline deserves a mention too.The firm’s new drug, Farxiga, performed better than expected in its drug trial. And the oncology drugs, Calquence and Enhertu, are expecting regulatory approvals this year. With Lynparza now approved in China, AstraZeneca’s fastest-growing region, the future for the firm’s medicines looks good. In fact, the provision of new drugs is offsetting the patent losses experienced with the drugs Crestor and Nexium. These losses held down AstraZeneca’s potential growth. Offsetting them with successes will enable the company to move forward.The FTSE pharma stalwart was expecting a large impact on business due to its high exposure to China. However, according to CEO Pascal Soriot the effect has so far been limited.Pharma companies often do well in an economic downturn because the demand for medicines continues. In the same way, through a pandemic, the demand for pharmaceutical goods and services may even increase. Consequently, AstraZeneca is helping the UK government with the new coronavirus testing facility at Cambridge University.But the biotech firm is focusing on more than the pandemic. It is working hard to reduce any impact of Brexit at the end of the year. The supply chain is already adjusted in preparation for the change. And it has diversified its customer base by expanding into emerging markets (EM). In 2019, revenues from EM investments increased by a whopping 84%. Sales in China alone jumped 35% to $4.9bn.A top FTSE 100 dividend payerThe reliable AstraZeneca dividend currently sits above 3%. The defensive qualities of the FTSE 100 company are being noticed by the market. The shares reached record highs earlier this year and have been climbing steadily since the early 1990s. But, unusually in the current climate, the dividend appears to be relatively safe. I think this makes the stock extremely attractive.The recent climb in the share price is in spite of 2019’s lower reported profits. It’s likely investors were taking into consideration the higher expenses related to drug launches and the Chinese expansion. These expenses pushed operating profit down 16% to $2.9bn.   AstraZeneca is certainly investing in its future. In 2019 alone, it spent $6.1bn on R&D. It has nine blockbuster drugs on the market and a very promising pipeline of label extensions and new therapies.The firm is managing the coronavirus pandemic well. It is positioning for future growth and planning for any hurdles. I think AstraZeneca is a good buy. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. This top FTSE 100 income stock is down 11%. Is now the time to buy?center_img Rachael FitzGerald-Finch | Saturday, 11th April, 2020 | More on: AZN Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares Rachael FitzGerald-Finch has no position in any of the shares mentioned. The Motley Fool UK has recommended AstraZeneca. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Rachael FitzGerald-Finchlast_img read more