do i need to sell this pfizer stock now ? pls advise
do i need to sell this pfizer stock now ? pls advise
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Tomorrows Future Now : My saying is if you have profit take it you can reinvest. also highest price for stock. I'm going to practice what I preach right now I'm selling and rebuying this is good for longer term
QMengColdJoke : still cheap. But nothing wrong to take profit
luxcan : I am currently on 29% profits but I believe that the stock should be able to rise with every quarter result release. Assuming that everyone is comfortable paying 20x pe ratio for its $3.94 eps guidance and covid boosters will be an annual recurring affairs.
Santhoshk23 OP luxcan : Then will leave this stock.. no need to sell now right?
QMengColdJoke luxcan : big pharmas are all cheap, so 15* pe is kind of max
luxcan Santhoshk23 OP : Can't decide for you but I am still holding on until there is sign that it's covid vaccine will not be annual affairs.
Santhoshk23 OP luxcan : Okay
luxcan QMengColdJoke : Wouldn't mind at 15x ($59)? But I suspect there will be a revaluation on pharam, AZ has reached pe 40*
QMengColdJoke luxcan : should be, so cheap. For now seems WSB’s Moon party just start…