Pfizer And Wiser
December 24, 2006 at 1:18 am
Interesting fact in the current issue of Business Week:
“Pfizer, with a p-e ratio of 12, is cheaper than it has been since the Hillary Clinton health-care initiatve more than a decade ago.”
Even though I own a few shares of Pfizer, I say, good. The company’s hit a bad patch recently and the market’s reacted properly. I’d rather have the market dictate a company’s true value than a politician, Hillary or anyone else.
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