Pfizer - Watchlist Add

$PFE

I’m watching PFE 0.00%↑ closely. You could argue that it’s been basing for six months, has a number of high volume up days, and is $0.50 away from its 200 day moving average. A break above would be an entry level for me personally. The stocks been below that moving average for approximately 18 months.

A further consideration -

PFE 0.00%↑ current dividend yield is hovering at the upper range of 10 year highs. If you believe the business is not fundamentally broken, a migration from the current 5.7% to something closer to the historical average near 4.0% could come from price appreciation in the stock.