Here's How Much $10,000 Invested in Pfizer in 1977 Is Worth Now
Forty years is a long time. But it's not an unimaginably long time. For many Americans, 40 years is roughly the length of time they will spend or have spent in the workforce.
Those years will end up being much more profitable for those who chose to invest early in their careers. That's why The Motley Fool frequently proclaims the benefits of investing as much as you can, as early as you can, and as frequently as you can. And solid stocks are a great place to put those investments -- stocks like Pfizer (NYSE: PFE).
Suppose you bought $10,000 of Pfizer stock in 1977. Jimmy Carter was president. Rod Stewart and Andy Gibb were topping the music charts. The years went by as you worked your way up the ladder. Forty years later, you're ready to retire -- and you still have your Pfizer stock. How much would it be worth today?
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 positive potential of 44.65% compared to the current price of 28.35 € for Pfizer Inc..
