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Pfizer Inc. (PFE): A Bull Case Theory
Yahoo Finance· 2025-09-28 20:23
Core Thesis - Pfizer Inc. is viewed positively due to its strong financials, robust cash flow, and potential for capital appreciation despite recent revenue normalization post-COVID [2][5]. Financial Performance - Pfizer's revenue has decreased from approximately $100 billion in 2022 to $58 billion in 2023, but is projected to rebound to around $64 billion by 2025 due to new drug launches [2]. - The company maintains strong profitability with operating margins near 28% and net margins exceeding 35% [2]. - Pfizer generates over $18 billion in annual free cash flow, which supports dividends, share buybacks, and R&D without reliance on capital markets [3]. - The stock offers a dividend yield near 6.7%, with a historical record of not cutting dividends since the 1940s [3]. Valuation Metrics - Pfizer's trailing and forward P/E ratios are 12.78 and 7.74 respectively, indicating a valuation below the industry average [1][2]. - If the dividend yield reverts to its historical average of 4%, Pfizer shares could imply a price range of $42–$45, suggesting significant upside potential [3]. Technical Analysis - Technical indicators show a medium-term bullish trend with a higher-low/higher-high structure since May, positive RSI and MACD momentum [4]. - Key retracement support is identified around $25.10–$25.20, providing a disciplined entry point for investors [4]. - Upside targets are set at $27.50 and $29, with a stop-loss below $24 to mitigate downside risk [4]. Strategic Outlook - The company has a strong pipeline of new therapies and has engaged in strategic M&A with Seagen, which supports its long-term growth prospects [5]. - Despite a 17% depreciation in stock value since the last coverage, the overall investment thesis remains intact due to attractive cash flow and valuation metrics [5].
This Is What I Would Need To See To Believe That I Am Wrong About My Bullish Thesis
Seeking Alpha· 2025-09-24 16:01
This Is What I Would Need To See To Believe That I Am Wrong About My Bullish ThesisIn order to arrive at high-quality market opinions or ideas, such as those I try to provide over time, it is not only necessary to have a certain understanding of how internationalAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I ...
Taseko Mines Limited (TGB): A Bull Case Theory
Yahoo Finance· 2025-09-19 18:00
Core Thesis - Taseko Mines Limited (TGB) is viewed positively due to its strong asset base and growth potential, particularly from the Florence in-situ copper project, which is expected to significantly enhance the company's EBITDA and production capacity [1][5]. Company Overview - Taseko Mines is a Canadian-based, US-listed junior copper miner with one producing asset (Gibraltar mine), one near-term project (Florence), and three large-scale greenfield developments [2]. - The Gibraltar mine has a 32-year mine life and produced 106 million pounds of copper in 2024 at a cash cost of $2.30 per pound, with a projected increase to 120 million pounds in 2025 [2]. Florence Project - The Florence project, with buildout costs of $235 million, is expected to produce 85 million pounds annually at a cash cost of $1.11 per pound, placing it in the first quartile of the global cost curve [3]. - The project is anticipated to begin ramping up in Q4 2025 and contribute approximately $325 million in EBITDA, in addition to Gibraltar's $250 million [3]. Long-term Growth Potential - Taseko has three greenfield projects in British Columbia: New Prosperity, Yellowhead, and Aley, with Yellowhead prioritized for development due to its superior economics [4]. - By 2027, TGB's projected copper production of 88,000 tons is valued at $12,841 per ton, significantly lower than peers, suggesting a potential for a 50%+ upside in stock valuation if copper prices rise [4].