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Sushree Mohanty

Is This Dividend Stock a Buy After Better-Than-Expected Q4 Results?

Pfizer David Risinger Covid-19

Pfizer (PFE) is a pharmaceutical and biotechnology company valued at $145 billion by market capitalization. While the company is more recently renowned for its COVID-19 vaccine, it also develops medicines and vaccines for immunology, oncology, cardiology, endocrinology, and neurology.

Despite a positive fourth-quarter report that beat consensus estimates, Pfizer stock is down 3.2% year-to-date, compared to the S&P 500 Index’s ($SPX) gain of 4.2%. Let’s find out if Pfizer stock is a good buy now.

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