A clear example of this is Pfizer, one of the most recognized companies in the world for its wide variety of pharmaceutical products and their quality.Investing in Pfizer may be a good option for 2020 and 2021 due to the stupendous liquidity it has had in recent years. However, before even thinking about making this deal, it is important to know about the company, its progress, strengths and weaknesses.To do so, we’ll show you everything you need to know about the company, its stock data and even how to buy Pfizer.
Pfizer is the world’s leading brand in the pharmaceutical market. It was founded in 1849 by Charles Pfizer and his partner Charle Erhart. At the beginning, it was a company that produced chemical formulas, and it was in 1880 that citric acid, manufactured by the company itself, came to light.By 1936 Charles Pfizer and Company (its name by then) manufactures and markets vitamins. Later, the company becomes the first producer of penicillin and terramycin.The company later distributed its laboratories in the United States and Spain, where it produced anti-inflammatory drugs and other medicines such as Viagra. Its growth was constant and rapid.Today they are a group that develops drugs in various areas of medicine such as: endocrinology, nutrition, vaccines, oncology, ophthalmology, urology, rare and infectious diseases, biotechnology and animal health.For more than 150 years, Pfizer has been offering its consumers pharmaceutical treatments to extend their lives. For them, innovation in the biopharmaceutical industry is important, which is why they are constantly working to manufacture quality and safe products.The German company contributes with research for new medicinal formulations and immunization vaccines from its laboratories. That is why by 2020 it has worked together with the company BioNTech on the vaccine for COVID-19, which has been a success for a Turkish immigrant family in Germany.
Buying Pfizer stock can be a good alternative. The reason? The company provides dividends of approximately 4% annually to its investors.Pfizer’s stock is listed on the NYSE and the Dow Jones index and is open to the general shareholder public. Pfizer shares can also be found on Nasdaq under the acronym PFE.Thanks to its capacity for innovation and its high visibility worldwide for the production of medicines, it has generated substantial revenues in the last quarters of the year. So much so that its shares have seen an upward trend of 12%.In addition, for production of the COVID-19 immunization vaccine, which is being used in more than 7 countries on an emergency licensed basis, Pfizer’s revenues are estimated to be €26.5 billion (equivalent to $23 billion) by 2021. This does not include net profits from other drugs and treatments.
The best way to buy a Pfizer share is through a broker, which is nothing more than a secure and reliable platform where you can view statistics, performance, lows and highs of your shares.In case you are a beginner, a good broker option is XTB because it has a minimum deposit and lower risk. Below, we show you how to invest in Pfizer with XTB: