1 Ultra-High-Yield Healthcare Stock to Buy Hand Over Fist and 1 to Avoid
The healthcare sector isn't the first place income investors turn to find high dividend yields. Of the 11 S 500 sectors ranked based on average dividend yield, healthcare comes in eighth.
Plenty of healthcare stocks, though, pay juicy dividends. Some are good picks, but others aren't. Here's one ultra-high-yield healthcare stock to buy hand over fist -- and one to avoid.
Some investors might think (NYSE: PFE) is a healthcare stock to avoid rather than buy hand over fist. That view is understandable if you only look at the drugmaker's recent history. Pfizer's share price has plunged over 50% from the peak set in late 2021. Although the stock has risen this year, it's barely in positive territory with a meager gain that lags well behind the S 500's strong return.
Source Fool.com
Pfizer Inc. Stock
With 20 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 40 € there is a hugely positive potential of 89.44% for Pfizer Inc. compared to the current price of 21.12 €.
