Jim Cramer Discussed These 21 Stocks As Bond Yields Soared

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7. Pfizer Inc. (NYSE:PFE)

Number of Hedge Fund Holders In Q3 2024: 80

Pfizer Inc. (NYSE:PFE) is one of the biggest pharmaceutical companies in the world. While the broader healthcare sector struggled in 2024 due to high rates and constrained spending, Pfizer Inc. (NYSE:PFE) also suffered because of balance sheet troubles. Its high debt load remained a cause of investor concern for the entire year, and as a result, CEO Albert Bourla’s turnaround strategy is now a key part of Pfizer Inc. (NYSE:PFE)’s hypothesis. The firm aims to deliver as much as $4 billion in 2024 cost savings. Cramer’s remarks surrounded Dr. Bourla’s relationship and potential meeting with President-elect Trump:

“Dr. Bourla, I spent a lot of time with Dr. Bourla, President-elect Trump felt that Bourla was a hero during COVID. So it’s not like there couldn’t be a rapproach.”

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