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Benzinga
Benzinga
Business
Mark Putrino

Stock Of The Day: Will Pfizer Head Higher?

Pfizer logo on building

Shares of Pfizer Inc. (NYSE:PFE) continue to head higher on Wednesday, a day after the company announced that it has secured a three-year grace period from President Donald Trump's tariffs on pharmaceuticals. This will enable Pfizer to offer its medication at significantly discounted prices compared to current rates.

This news appears to have triggered a breakout in the shares. This can have bullish implications and may indicate that they will continue to move higher. This is why Pfizer is our Stock of the Day.

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