I’m done with it. I’ve had an investment plan on $PFE (+0.46%) for a couple years, and held it 6 months more, but I’ve grown tired of constant underperformance.
The stock trades at a very low valuation, with a very high dividend and potencial to appreciate on the long run. So why selling then?
Well, momentum is bad and macro is also bad, I don’t think it is going to go much lower as it would be nonsensic, their pipline is good and probably they’ll turn arround the situation… but I’m down 20% so I cut my losses here and will offset some profit taxes. I beleive there’re better places tu run the money for now.
Maybe I’ll go buy back in a few months if I the macro gets more clear and their new drugs start to go into the market.
