Stock Picks – Pfizer (PFE)

   

 

  Pfizer Inc. (PFE) – This worldwide discoverer, manufacturer, distributer and marketer of prescription medicines for humans and animals has been in a well-defined bull channel since March ’09. Since then, support at the 50-day moving average has provided solid support for the stock. 

 

01 25 10 pfe Stock Picks   Pfizer (PFE)

 

dmo chart key Stock Picks   Pfizer (PFE)

 

After recently peaking at more than $20, PFE has pulled back on profit-taking.  But the investment climate for pharmaceutical stocks is now positive, so PFE should be bought at $18.75 or lower. 

 This is the world’s largest manufacturer of pharmaceuticals and S&P has a 4-start Buy rating on it, with a 12-month target of $21.


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Article printed from InvestorPlace Media, http://investorplace.com/2010/01/stock-picks-pfizer-pfe/.

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