The Ultimate Covid Play: PFE
Unless you’re living in a bubble and only eating bananas like a good ape, you should be aware that Covid is still fucking the world pretty hard. Yes we don’t have to wear masks in most states, but the case count is rising again in the USA, and Delta has really hit the rest of the world hard as well. That crazy uncle of yours that keeps saying Covid is a scam is not going to get vaccinated, and thus this asshole of a pandemic will continue to last, and evolve.
So in comes Pfizer, who has one of the top 2 most successful vaccines for covid, and is the shot that everyone who is going to get one wants. That Astra shot has a lot of problems, and same with Johnson and Johnson. Many countries are not using either of them (U.S. never approved Astra). Besides being one of the largest pharmaceutical companies making everything from Viagra to Lipitor, they are partners with biontech in making their covid-19 vaccine.
Sales: They sold $3.5 billion in Q1 2021 of the Covid-19 vaccine, with an estimate of $26 billion for the whole year 2021.
Earnings: Pfizer reports earnings in 7-28. Do you think covid has gotten better or worse since the last report? Do you think it will last beyond 2021 or not?
Dividend: For those that actually like money, they just declared a dividend of $.39 per share payable to those holding on July 30th. So you can both gain from hopefully a good earnings report, and the dividend.
This is not financial advice, do your own research before investing.
But I’ve gone big on PFE, in for 1,000 shares.
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July 21, 2021 at 04:04AM