3Sem.·

Selling Pfizer

I’m done with it. I’ve had an investment plan on $PFE (+0,51 %) 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.

31.07

Pfizer

a vendu x73,5 à 20,42 €

1 500,88 €

21,01 %

4 Commentaires

JK@j07k

3Sem.

I have also often thought about selling my position but im currently holding on.

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Carles@Carles

3Sem.

@j07k at this point dividend should cover any price drop, so probably not a bad idea holding on to it. It’s just I’m all in and I prefer to move it to something with higher returns for now.

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Makies@Makies

3Sem.

Too early

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Carles@Carles

3Sem.

@Makies I don't try to time the market... The EPS were better than expected, if they weren't it could have gone down.

In any case, the stock is clearly undervalued in my opinion, and I don't beleive $PFE is a bad stock to hold. I imagine the price will stay in a range between 22 and 28 USD for a while and will keep giving a nice dividend. I sold it as I don't think it is going the return what I want during this year, I wanted to offset some gain taxes (if I was neutral on the position I might have kept it), and I'm not in love with the actual macro for them.

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