Jim Cramer is Recommending These 5 Stocks

2. Pfizer Inc (NYSE:PFE)

Number of Hedge Fund Investors: 79

Jim Cramer thinks Pfizer Inc (NYSE:PFE) is “making a big turn” but a lot of people seem to be unaware of it. He said he “likes” Pfizer Inc (NYSE:PFE) at the current levels. Cramer also praised Pfizer Inc’s (NYSE:PFE) high dividend yield and said Pfizer Inc (NYSE:PFE) has “a lot of cash.”

“Yes! Pfizer is a Buy!”

Diamond Hill Large Cap Strategy stated the following regarding Pfizer Inc. (NYSE:PFE) in its fourth quarter 2023 investor letter:

“Among our bottom contributors in Q4 were BorgWarner and Pfizer Inc. (NYSE:PFE). Biopharmaceutical company Pfizer was pressured as COVID sales were slower than expected in Q4. However, outside COVID-related sales, the base business is performing as expected, and the company is starting a cost-cutting program that should restore margins to pre-pandemic levels. We continue to like Pfizer for its diversified business, strong cash flow generation capabilities and balance sheet, and solid leadership under a quality CEO.”