If I Could Only Buy 1 Healthcare Stock in January, It Would Be This One
Pfizer Inc. (NYSE: PFE) is the one healthcare stock I'd add to my portfolio in January. Why? The company's turning the corner back toward growth, its R&D team is delivering important wins, its dividend is growing, and the company's getting a windfall thanks to the recently passed Tax and Jobs Act of 2017. Overall, I believe a very good argument can be made for including Pfizer in growth, value, and income portfolios sooner rather than later.
Lipitor's loss of patent protection in 2011 was a big blow. The cholesterol drug has seen its sales slip from $13 billion to around $2 billion over the past decade, and that decline has more than offset any revenue growth that's come from label expansions and new drug launches.
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Source: Fool.com
Pfizer Inc. Stock
With 29 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 positive potential of 44.65% for Pfizer Inc. compared to the current price of 28.35 €.
