With New COVID-19 Boosters in Tow, Which Is the Better Buy: Pfizer, BioNtech, or Moderna Stock?
The Food and Drug Administration (FDA) just approved the updated Omicron-adapted COVID-19 booster shots from Moderna (NASDAQ: MRNA) and the COVID-19 booster that (NYSE: PFE) and BioNTech (NASDAQ: BNTX) collaborated on. While the news will certainly help the pharmaceutical companies' bottom lines, it's important to look deeper to see if any of these three stocks make a solid investment today.
All three have seen their shares and revenue drop this year, thanks to falling COVID-related sales, but each has a strong cash position, giving them plenty of options.
At first glance, Pfizer's stock appears to be a screaming deal. The company has seen revenue rise for three consecutive years, and its stock is trading just below 10 times earnings, well below the average price-to-earnings ratio (P/E) of 39.9 for a pharmaceutical stock.
Source Fool.com
Pfizer Inc. Stock
With 31 Buy predictions and 4 Sell predictions Pfizer Inc. is one of the favorites of our community.
With a target price of 41 € there is a hugely positive potential of 58.73% for Pfizer Inc. compared to the current price of 25.83 €.
