Biotech Values

[DewDiligence]

>Do you think PFE is a buy here?<

If it hasn’t already bottomed, it must be close; however, I don’t see any strong catalysts for a sharp upturn absent a change in philosophy from management.

I think PFE needs to aggressively buy back shares to exploit the under-leveraged balance sheet. Having a fat dividend is nice but they can and should do more, IMO.