Why I'm Buying This Beaten-Down, High-Yield Dividend Stock Hand Over Fist
I owned shares of (NYSE: PFE) when the COVID-19 pandemic started. Watching the stock soar over 60% in roughly two years was fun. Seeing Pfizer's share price fall nearly 60% from its peak wasn't so fun.
Have I been tempted to sell during this major decline? Nope. Instead, I'm buying this beaten-down, high-yield dividend stock hand over fist.
It's understandable why Pfizer stock has fallen so much. The drugmaker has faced some big challenges and has more on the way.
Source Fool.com
Pfizer Inc. Stock
€26.42
1.400%
With 27 Buy predictions and 4 Sell predictions Pfizer Inc. is one of the favorites of our community.
With a target price of 40 € there is a hugely positive potential of 51.4% for Pfizer Inc. compared to the current price of 26.42 €.
