Filed under: Pfizer (PFE), Newsletters, Stocks to Buy, Best Stocks for 2008

For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.

“My favorite conservative stock for 2008 is Pfizer (NYSE: PFE),” says Nilus Mattive, editor of Dividend Superstars. “Everyone’s heard of this company — it’s the largest pharmaceutical company in the world.

“The company boasts a stable of well-known drugs, including Viagra, Celebrex and its current best-seller, cholesterol-lowering agent Lipitor.

“Despite its bellwether status, investors haven’t been too keen on Pfizer recently. They’re concerned about generic competition for the company’s Zoloft and Norvasc. And although Lipitor’s patent expires in 2011, there are also worries about increasing competition in the cholesterol market. I can see why — $12.9 billion worth of Lipitor was sold in 2006, more than any other single drug in the world!

Continue reading Best Stocks for 2008: Fond of Pfizer (PFE)

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