Retirement Stock Portfolio: 5 Healthcare Stocks To Consider

In this article, we discuss the 5 best healthcare stocks to buy. If you want to read our detailed analysis of the healthcare sector, go directly to the Retirement Stock Portfolio: 10 Healthcare Stocks To Consider.

5. Pfizer Inc. (NYSE:PFE)

Number of Hedge Fund Holders: 65

Matthew Harrison of Morgan Stanley raised his 2022 EPS estimates for Pfizer Inc. (NYSE:PFE) to $4.57, due to the company’s importance in the Covid-19 vaccine booster shots. In October, the firm lifted its price on the stocks to $48, with an Equal Weight rating on the shares. Pfizer Inc. (NYSE:PFE) stands fifth on our list of the best healthcare stocks to buy.

Pfizer Inc. (NYSE:PFE) is an American multinational pharmaceutical and biotech company. At the end of Q2, Kahn Brothers was the largest shareholder of Pfizer Inc. (NYSE:PFE), with shares worth $32.2 billion. Overall, 65 hedge funds tracked by Insider Monkey reported owning stakes in the company in Q2, up from 65 in the previous quarter. The total value of these stakes is $2.35 billion.

Pfizer Inc. (NYSE:PFE) has a 12-year track record of dividend growth. The company pays an annual dividend of $1.56 per share, yielding 3.70%. Pfizer Inc. (NYSE:PFE) expects to generate $33.5 billion in Covid-19 vaccine revenue.

ClearBridge Investments mentioned Pfizer Inc. (NYSE:PFE) in its Q1 2021 investor letter. Here is what the firm has to say:

“Our underweights in health care and staples contributed to relative performance during the period. As we continue to focus the portfolio on high-conviction ideas, we sold Pfizer in late 2020, in the health care sector.”