5 Most Influential Companies to Invest In

3. Pfizer Inc. (NYSE:PFE)

Pfizer is in the list of the most influential companies of 2022 list of Time and the reason is obvious: the company’s COVID-19 vaccine and treatment pills. An article by Time noted that Pfizer’s antiviral pill against COVID-19 was the first pill-based corona­virus treatment in the U.S., and can reduce the risk of hospitalization or death by up to 89%.

Pfizer vaccine was used by millions of people worldwide. In December 2020, the US government agreed to pay the company a whopping  $2 billion for 100 million additional doses of its COVID-19 vaccine.

Pfizer is still working on new vaccines and treatments against new COVID variants such as BQ.1.1.

A total of 77 hedge funds tracked by Insider Monkey have stakes in Pfizer as of the end of the third quarter.