Investors, the pharmaceutical company Johnson & Johnson reported results today and the results beat expectations. Overall, I see potential in pharmaceutical and medical device companies and I like to invest in them. I already have $CVS in my portfolio and plan to add $PFE to my portfolio. I would like to add $JNJ to my portfolio, but it is at a high price and I fear it will be...
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Drugmaker Pfizer $PFEsaidits North Carolina plant, one of the largest sterile injectable manufacturing facilities in the world, suffered severe damage from a tornado... Hopefully this will only be a short-term problem, as this plant produces nearly 30% of the company's sterile injectables.
The stock hasn't reacted to the news yet, so we don't have a chance to buy.
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Interesting I didn't even know about that. I have been looking at this company and plan to buy its stock next week.
Pfizer $PFE ends development of obesity drug due to side effects. 🔴
You may remember my recent post that talked about the positive test results of Pfizer's obesity drug.
Today our stock dropped over 4% right after the market opened on the news that the development of this drug was being abruptly terminated.
Pfizer said it will instead focus on its other oral obesity drug,...
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I don't invest much in pharma companies - I don't like the ambiguity around it... I prefer to pick oil or other mining companies.
What sector are you primarily focused on and what sector do you see the most potential in???
My main focus lately has been on the healthcare sector, as I see huge potential there. I think the healthcare sector is still moving forward and will grow even more in the future.
When I look at how many people have some health problems and medicine is needed more and more, or how many...
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I understand the tobacco industry the most. Next would probably be the automotive industry, where I currently have only one representative. I also have quite a bit invested in the healthcare sector, although I don't move much in it. Then maybe 1 piece of each for diversification, my portfolio is constantly changing.
Charlie Munger and his view of healthcare in the US.
Charlie, a friend, partner of Warren, has recently been vocal about his concerns about US healthcare, literally stating that it is a system that prolongs death to make more money and comparing patients to African carcasses. 🤔
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I guess it depends a lot if there's another pandemic coming or not... If so, I would definitely buy! :-D If not, this company is not interesting to me...
Pfizer $PFE gained more than 4% today. 🟢
That's thanks to the results of a study showing the same, and potentially higher, efficacy of the new oral weight loss pills than competitor Novo Nordisk's popular Ozempic injection.
This is great news as it makes taking it easier and, for many, more affordable.
However, the tablet will be further tested, but I think there is huge...
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I'd be very interested to know how this is supposed to work... this would be a huge improvement! Finally, chocolate without regrets! :-D
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I see that even if the covid ball is not solved so nice numbers cg to everyone who holds 💪 yesterday a lot of titles showed us that they are not written off yet
BioNTech $BNTX
BioNTech reported its results yesterday.
This company focuses and specializes in the development and research of immunotherapeutic drugs targeting the treatment of cancer and infectious diseases.
It is also known for the development and production of the COVID-19 vaccine with Pfizer.
Results for the first quarter of this year :
Revenues : EUR 1.28 billion, first...
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Pfizer $PFE
Pfizer reported its quarterly results yesterday.
Sector : Pharmaceuticals.
Focus, specialization : production of drugs for humans and animals and the company also focuses on fighting various diseases such as : cancer, diabetes or Alzheimer's disease.
Products : Viagra or the vaccine against COVID-19.
Results :
Revenues : $18.3 billion
Earnings per share : $1.23
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After today's $PFE results, investors are likely to be tough on even competitor $CVS, which will report its results tomorrow before the market opens. So I expect a pullback, which I will use to increase my position. Anything around $70 is a nice price in my opinion. In fact, I don't think $CVS should come up with surprisingly good results.
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I don't follow pharmaceutical companies much. Occasionally you can find nice ones that come up with a discovery (drug, method). Unfortunately, I've been burned by such startups. I don't know $CVS but I might look into a pharmaceutical company.
$JNJ is probably a fine company too, such a classic. I already have $PFE and $CVS, so I'm not thinking about it though, I'd rather build those positions.