Pfizer, Inc. (PFE) has been highlighted in recent Reddit discussions as an undervalued stock within the S&P-500, NASDAQ-100, and DOW-30. Despite being categorized as undervalued, some Reddit users express skepticism about Pfizer's future prospects, citing its substantial $67 billion debt and perceived lackluster management. One user commented, "I'd be a little scared of investing in Pfizer with conspiracy theorists running the show. Plus, they have 67 BILLION in debt." This sentiment reflects a cautious outlook unless Pfizer introduces groundbreaking products.
In the realm of swing trading, some investors have taken positions in Pfizer, along with other stocks like Kraft Heinz and Nike, due to their proximity to support levels and significant dips. A Redditor shared their strategy, stating, "I have positions in all added around 21 days ago and plan to sell at year end." This approach suggests a tactical play on Pfizer's current valuation, aiming to capitalize on potential rebounds.
The current price of Pfizer (PFE) is $26.19, reflecting a slight decrease of 0.08% from the previous close.