Pfizer Is Down 54% From Highs, Now Yields 6.1%

Michael M. Santiago Written by Sam Kovacs. Introduction The pendulum of the market always swings. In just 2 years, Pfizer Inc. (NYSE:PFE) has gone from its ATH to the lowest price it has recorded in over 10 years. We've been watching it all come down, as by the time February 2022 hit, we had sold all of our Pfizer position, after having accumulated it in 2020 prior to the vaccine announcement (source here and here). When in December 2021, we said selling PFE was a good idea, this was met with quite a bit of ...