SamSuka
The Long Investor
The Long Investor

patreon


$PFE

$PFE is up in the PM now after they reaffirms its Full Year 2024 Guidance and offers 2025 guidance and revenue outlook:

'Pfizer PFE said Tuesday it continues to expect full year 2024 adjusted earnings in the range of $2.75 to $2.95 per diluted share on a revenue of $61.0 billion to $64.0 billion.

Analysts surveyed by FactSet expect non-GAAP earnings of $2.91 per share on a revenue of $62.89 billion.

The company expects full year 2025 adjusted earnings in the range of $2.80 to $3.00 per diluted share on revenues of $61.0 billion to $64.0 billion.

Analysts surveyed by FactSet expect non-GAAP earnings of $2.86 per share from a revenue of 63.22 billion.'

On the chart, we have been waiting as $PFE continues to hold on the 0.618 Fib since the middle of November at $25

Price needs to break above the previous high at $26 to confirm the reversal and the 1.618 Fib is then the target for Wave 3 at $28.82.

I think the market still needs to hear what RFJ Jr's plans are for the Health Sector before $PFE can start its reversal.

DIVIDEND: 6.7%

$PFE

Comments

They're talking about a bird flu virus in the US now. Im buying

Justin

this one is interesting for me as well. SCHD is my largest holding and like you mentioned, it holds PFE in it. I think PFE is severely undervalued here(along with alot of other healthcare stocks such as JNJ, MRK, ABT, etc).

Daniel

Mmm I've been having doubts about this one. I might prefer investing into SCHD insteadl, which has a big allocation in Pfizer amongst others. The dividend of Pfizer and current discount doesn't lie though...

Martechnic


More Creators