Pfizer's Stock Is a Buy. Here Are Six Reasons Why?
Thu, May 2, 2024 2:58 PM

Pfizer's Stock Is a Buy. Here Are Six Reasons Why?

A Flip by Avya Verma
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Pfizer (NYSE: PFE) stock is an investing enigma. The drugmaker's shares have printed fresh 52-week lows consistently over the past two years, putting its stock in serious bargain territory. Speaking to this point, Pfizer's stock trades at around 11 times forward earnings. On the other hand, its big-pharma peer group averages 17 on this key valuation metric.

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