E Daily Stock Pick: Pfizer (PFE)

This week, I'm looking for the sixth healthcare representative of six for my Ivy portfolio.

That healthcare sector includes ten industries all related to testing, diagnosing and treating what ails us. Healthcare industries are: biotechnology; diagnostics & research; drug manufacturers - major and - specialty & generic; healthcare plans; long-term care facilities; medical care; medical devices; medical distribution; medical supplies.

Today I'm reviewing a large-cap drug manufacturer- major firm named Pfizer Inc. Their trading ticker symbol is PFE. I last reported on Cardinal Health Inc on February 25, 2019.

Pfizer is one of the world's largest pharmaceutical firms, with annual sales of over $50 billion. Pfizer also spends a leading amount on research and development, close to $8 billion annually.

While Pfizer historically sold many types of healthcare products and chemicals, now, prescription drugs and vaccines account for the majority of sales. Top sellers include pneumococcal vaccine Prevnar 13, neuroscience drug Lyrica, cancer drug Ibrance, cardiovascular treatment Eliquis, and immunology drugs Enbrel and Xeljanz. Pfizer sells these products globally, with international sales representing close to 50% of its total sales.

Within international sales, emerging markets are a major contributor, representing over a fifth of total company sales.

The company has collaboration and/or co-promotion agreements with Bristol-Myers Squibb Company, Astellas Pharma US, Inc., and Oncolytics Biotech Inc.; licensing agreement with BionTech AG; strategic alliance with Verily Life Sciences LLC; and collaboration agreements with Merck & Co., Inc. and Eli Lilly & Company, as well as with Merck KGaA and Nektar Therapeutics to develop a therapy for treating pancreatic cancer.

Pfizer Inc. was founded in 1849 and is headquartered in New York, New York.

I use three key data points to gauge dividend paying equities or funds like Pfizer Inc:

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Disclosure: This article was compiled by Rydlun & ...

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David Reynolds 2 years ago Member's comment

I think #pfizer is overvalued. $PFE