Should You Buy Pfizer (PFE) Stock Before August 5? Here's What History Says

Pfizer (NYSE: PFE) has been around for over 175 years, but it became a true household name during the COVID-19 pandemic as one of the main vaccine suppliers. That led to its stock price and revenue skyrocketing, and even brought Pfizer's market cap to over $340 billion at one point.Since its late-2021 peak, Pfizer's stock is down over 60%. In the past three years, it's off by 52%, even while beating its earnings per share (EPS) estimates in all 12 reported earnings in that time.Pfizer will report its fiscal second-quarter earnings on Aug. 5. Although we won't know if it'll continue its beats streak until then, it's probably not a good idea to try to time your investment around the date. Let's take a look at why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool