#Accelerationism It is up just 21% since the start of the year, against 12.3% for the Dow Jones Industrial Average. But it’s still dirt cheap, selling at just five times revenue, 19 times earnings, and sporting a dividend yield of 3.55%.
This is a function of Pfizer’s size. The Brooklyn-born drug company, founded by German immigrants in the mid-19th century, did $42 billion in business during 2020. It has a market capitalization of $246.4 billion. It’s not supposed to be a go-go stock.