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Pfizer Inc. Message Board

  • dragons475 dragons475 Jul 30, 2014 7:05 AM Flag

    Why PFE will only go up from here…..

    …it's no secret that PFE wants to make a major acquisition (A catalyst by itself that will cause a jump in the stock price) but the currency they will use will primarily be its own stock. (Despite the fact they have $36 billion in cash in the US and more overseas) The higher PFE is trading, the less they will pay for another company. Simple. To keep the stock price healthy, the company will continue to repurchase shares - $2.9 billion so far this year, with another $2.1 billion committed before the end of the year…..so sit back and relax and collect a nice dividend until you wait for the big announcement.

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PFE
30.58+0.23(+0.76%)Sep 18 4:00 PMEDT

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