3 Reasons to Own Pfizer's Stock in 2018
Despite losing nearly $30 billion in branded pharma sales due to the loss of exclusivity for key brands like Celebrex, Lipitor, Lyrica, and Viagra over the course of 2011 to 2020, Pfizer (NYSE: PFE) remains on solid financial footing. In fact, this top pharma stock arguably sports one of the best balance sheets, dividends, and long-term growth prospects within its peer group.
Nevertheless, Pfizer's shares have lagged well behind the scorching biopharmaceutical space since 2011 due to these patent headwinds. Heading into 2018, however, I think Pfizer is now a must-own large-cap pharmaceutical stock for three clear reasons.
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Source: Fool.com
Pfizer Inc. Stock
€23.25
1.450%
With 15 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 29 € there is a positive potential of 24.76% for Pfizer Inc. compared to the current price of 23.25 €.
