Is Pfizer Stock a Buy?
Last Tuesday, pharmaceutical titan Pfizer (NYSE: PFE) reported its 2019 fourth-quarter earnings. This underwhelming Q4 report -- in conjunction with the downturn in the broader markets due to the coronavirus threat -- have caused the drugmaker's shares to dip by nearly 7% so far this week.
While Pfizer's year-end results were certainly nothing to write home about, it's still fairly rare for a megacap pharma company to fall by high single-digits in just a matter of two trading sessions. Should investors take advantage of this profound weakness, or is this hefty sell-off justified? Let's break down Pfizer's near-term prospects to find out.
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Source Fool.com
