Bargain Stock You Can Buy Today and Hold Forever- Pfizer

    Bargain Stock You Can Buy Today and Hold Forever- Pfizer  This company has become a household name.  

Who doesn't love a good bargain?

Opportunities abound in the stock market investing world when the market recedes. Last month, the S&P 500 index dropped 4.9%, bringing many solid stocks down with it. At the moment, a giant stands out that is incredibly cheap given its growth prospects. Examining it there are benefits.

Pfizer

Looking at Pfizer's PFE (NYSE) $41,32 0,00 (%0,00) revenue Waiting for the stock to be traded in a bargain is unthinkable. Pfizer is the leading seller of coronavirus vaccines. The company and its partner BioNTech expect to generate more than $33 billion in revenue from vaccines this year. Pfizer is also working on a candidate for a coronavirus pill treatment. Not only is it limited to Covid-19 related studies, It has seven other blockbuster drugs, including the blood thinner Eliquis.

Bargain Stock You Can Buy Today and Hold Forever- Pfizer

  Of these, it earned $4,9 billion in worldwide revenue. With the approved court decision, it also guaranteed that competitors could not enter the market until at least 2028, thanks to its key patents. In addition, the Company currently has 23 candidates in phase 3 clinical trials. Pfizer's Share price is known to only trade at around 10x forward earnings estimates. You can also count on Pfizer for dividends. The company has also proven its credibility as it has steadily increased its dividend over the past decade.  

Source: The Motley Fool

 

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