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Top 6 Stocks to Buy for September

This month's picks should do well despite risks at home and abroad

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Top Stock to Buy #6 — Pfizer (PFE)

Pfizer (NYSE:PFE) is the world’s largest pharmaceutical company, producing a wide range of drugs. In October 2009 it acquired competitor Wyeth.

The stock has had a long history of earnings improvements that have resulted in increasing dividends. The current dividend yield is 3.7%. Analysts have raised their price target to $26-$28.

Technically PFE is in a powerful bull channel with a recent buy signal from our in-house Collins-Bollinger Reversal (CBR) indicator and the stochastic. This should be a cornerstone pharmaceutical stock in long-term portfolios. Buy at the market for a trading target of $30.

09 12 pfe Top 6 Stocks to Buy for September

chart key Top 6 Stocks to Buy for September

Article printed from InvestorPlace Media, http://investorplace.com/2012/08/top-stocks-to-buy-aem-cbst-esrx-hiw-nee-pfe/.

©2014 InvestorPlace Media, LLC

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