5 Best Affordable Stocks Under $40

2. Pfizer Inc. (NYSE:PFE)

Share Price as of May 8: $28.27

Number of Hedge Fund Holders: 79

Founded in 1849 by German entrepreneurs Charles Pfizer and Charles F. Erhart, Pfizer Inc. (NYSE:PFE) is a prominent multinational pharmaceutical and biotechnology corporation headquartered at The Spiral in Manhattan, New York City. Globally recognized for its significant contributions to medical research, development, and production, Pfizer operates across diverse medical fields, including immunology, oncology, cardiology, endocrinology, and neurology.

Insider Monkey analyzed 933 hedge fund portfolios for their investments in the fourth quarter of 2023, identifying 79 investors in Pfizer Inc. (NYSE:PFE). The largest shareholder among them is D. E. Shaw’s D E Shaw, with a $418 million investment in the company.