2 Unstoppable Growth Stocks to Buy While Share Prices Are Low
A look at the facts will often reveal businesses that are poised for future growth and/or show no signs of slowing down. The stocks for these types of businesses tend to be particularly valuable to hold on to, especially when a bear market wreaks havoc and temporarily pushes valuations lower.
A couple of unstoppable growth stocks -- Pfizer (NYSE: PFE) and Amazon (NASDAQ: AMZN) -- are currently trading around multiyear low valuations and savvy investors might want to consider buying while the opportunity presents itself. Here's why.
Pfizer is a healthcare company on a mission. It's acquiring companies in preparation for some inevitable changes that are coming for its business. It needs to replace what will likely be a slowdown in revenue from its COVID-19 vaccine Comirnaty and symptom-treatment pill Paxlovid. It also needs to combat some patent expirations in a few of its top-selling drugs.
Source Fool.com
Pfizer Inc. Stock
The stock is one of the favorites of our community with 28 Buy predictions and 4 Sell predictions.
As a result the target price of 41 € shows a very positive potential of 50.99% compared to the current price of 27.16 € for Pfizer Inc..