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Pfizer (PFE) drops to buy territory

 Mar 10, 2009 03:30 PM UTC
Return Risk
+4.82% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
PFE Positive 03/10/09 +35.56% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: International markets, Pfizer (PFE), Newsletters, Stocks to Buy

"The silver lining to the market decline is that some of our favorite stocks have fallen into 'buy' territory," says Nilus Mattive. In his Dividend Superstars he eyes one favorite, Pfizer (NYSE: PFE).


"Pfizer is now trading well below my suggested entry price of $16. In fact, it's back at levels last seen in 1996! The major catalyst for this sharp decline was Pfizer's decision to halve its dividend.


"That came on January 27, just two months after the company said it would simply leave the payment flat this year (which was already the first failure to raise in 42 years).

Continue reading Pfizer (PFE) drops to buy territory

Pfizer (PFE) drops to buy territory originally appeared on BloggingStocks on Tue, 10 Mar 2009 10:30:00 EST. Please see our terms for use of feeds.

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