Pfizer: Bull vs. Bear
New York City-based pharmaceutical heavyweight, Pfizer (NYSE: PFE), has recently been known for its COVID-19 vaccine, Comirnaty. But, while the vaccine continues to bring in tens of billions of dollars for the $265 billion mega-cap drugmaker, is it enough to reward shareholders?
Adria Cimino: Pfizer has wowed investors over the past year with its coronavirus vaccine program. It's reported billions of dollars in vaccine revenue each quarter. And that's not about to stop. The company recently increased its forecast for 2021 vaccine revenue to $36 billion. That's up from an earlier forecast of about $33 billion. Of course, Pfizer splits profits with biotech partner BioNTech -- but that still leaves the pharmaceutical giant with a significant profit driver.
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Source Fool.com
