Thu, Jul 24, 2014, 8:21 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Pfizer Inc. Message Board

  • galantfoxjr galantfoxjr Apr 10, 2013 6:15 PM Flag

    Big Pharmas Showing Muscle

    PFE, MRK, and other big pharmas have recently received FDA approvals for some of their new drugs which have had a noticeable positive effect on their stock prices. Is this just coincidental or has the FDA lowered the bar for drug approval?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Pfizer is getting approvals okay, but nothing in the line of Lipitor. Lipitor was a 10 billion dollar medication before it went generic so it will be tough to make up for it. At one time Pfizer was down to just a little over 12 dollars. It has more than double since then, so how much higher can we expect it to go? I'm guessing somewhere in the neighborhood of 32.00$. This is a personal expectation.

    • Finally,the mo' we've been waiting years for.
      Let's remember, PFE was trading in the mid thirties nearly 15 years ago, with a much much price earning multiple. If you just place a market average PE multiple of 15 for next years earnings, you get a stock price of $35.50!
      big money lies ahead for this year.

      Sentiment: Strong Buy

 
PFE
30.34-0.05(-0.16%)Jul 24 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Amazon.com Inc.
NasdaqGSThu, Jul 24, 2014 4:00 PM EDT
Atlatsa Resources Corporation
NYSE MKTThu, Jul 24, 2014 4:00 PM EDT
Puma Biotechnology, Inc.
NYSEThu, Jul 24, 2014 4:02 PM EDT