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Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?


To: Xenafan who wrote (522)2/18/1998 7:26:00 AM
From: BigKNY3  Read Replies (1) | Respond to of 9523
 
Xenafan <<If you had only enough money to buy 100 shares of
one of the companies, which one>>

Neither..right now...Both PFE and ABT are near their all-time highs. History indicates that they will correct by 10-15% with a market pullback. When that happens, I would hope to add to my PFE portfolio. I really have not done enough research on ABT to make a purchase decision. However, the price movements of PFE and ABT are positively correlated (r=.61).

If I were to invest in a Big Pharma company today, it would be Lilly (LLY:61) which is 16% off its 1/6/98 high.

Have PFun!

BigKNY3