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Thank you for watching! I'll talk about stocks my mom should buy now.
Today, we'll talk about $PFE Pfizer.
Recently, Pfizer received FDA approval for three products, for lung cancer, breast cancer, and preventing viruses from chemotherapy.
More importantly, $PFE has revenues close to $53 billion per year with $21 billion in profit and a price to earnings ratio of only 11.79.
For a healthy stock, P/E ratio should be between 15-18. Therefore, if $PFE had a P/E ratio of 15, they'd have a $56/share price. It's that simple mom!
Mom, if you're listening, please buy more $PFE at $44.00 and collect their 4% dividend on the way up!
Love,
Matt