11 Blue Chip Stocks to Invest in at 52-Week Lows

Page 9 of 9

1. Pfizer Inc. (NYSE:PFE)

Stock Price as of March 25: $25.55

52-week Low: $24.48

Number of Hedge Fund Holders: 92

Pfizer Inc. (NYSE:PFE) is engaged in discovering, developing, manufacturing, marketing, distributing, and selling biopharmaceutical products. The company remains focused on improving the productivity of its R&D pipeline and advancing the clear strategic priorities in 2025. Pfizer Inc. (NYSE:PFE) made significant progress with the commercial execution as well as achieved growth throughout its product portfolio for FY 2024, which includes $3.4 billion in revenue from its legacy Seagen portfolio, and healthy growth from the Vyndagel family, Eliquis, Xtandi, Nurtec, and several other products throughout all categories.

Pfizer Inc. (NYSE:PFE) saw 12% operational revenue growth of its non-COVID products in FY 2024, demonstrating its continued focus on commercial execution. The company has delivered on its $4 billion net cost savings target from the ongoing cost realignment program and has increased its overall savings target to ~$4.5 billion by the end of the year. Overall, strong commercial execution and global presence are expected to act as potential tailwinds. Pfizer Inc. (NYSE:PFE)’s global commercial infrastructure could be used to maximize the potential of Seagen’s approved products and pipeline candidates, resulting in the acceleration of market penetration and revenue growth. Also, the addition of Seagen’s products and pipeline supports the company in diversifying the revenue base, reducing the dependency on any single product or therapeutic area.

While we acknowledge the potential of PFE as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued AI stock that is more promising than PFE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 9 of 9