2 Dividend Stocks Billionaires Are Buying: Should You?
Many billionaires are active on Wall Street and largely built their wealth that way. So, paying attention to their moves and the stocks they invest in can teach us a lot. Of course, blindly following the lead of anyone -- billionaire or not -- isn't an advisable strategy when looking to grow wealth. It's essential to do some research of our own.
With that said, let's look at two dividend stocks that at least a couple of billionaires bought during the last quarter: (NYSE: PFE) and Merck (NYSE: MRK).
Pfizer hasn't performed well recently. Despite its important role in developing effective vaccines and medicines for COVID-19 -- efforts that were handsomely rewarded -- the company's shares have significantly lagged the market over the past couple of years.
Source Fool.com
Pfizer Inc. Stock
With 31 Buy predictions and 4 Sell predictions Pfizer Inc. is one of the favorites of our community.
With a target price of 41 € there is a hugely positive potential of 59.94% for Pfizer Inc. compared to the current price of 25.64 €.
