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New York-based Pfizer Inc. (PFE), renowned as one of the world’s largest pharmaceutical companies, discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products. Valued at $161.95 billion by market cap, the company offers medicines and vaccines in various therapeutic areas, including oncology, inflammation and immunology, rare diseases, hospital, vaccines and internal medicine.
Companies worth $10 billion or more are generally described as “large-cap stocks,” PFE fits right into that category. The company, popular for developing the first mRNA vaccine against COVID-19, is celebrating its 175th anniversary this year.