13 Stocks on Jim Cramer’s Radar Recently

3. Pfizer Inc. (NYSE:PFE)

Number of Hedge Fund Holders: 92

A caller asked Cramer’s take on Pfizer Inc. (NYSE:PFE), and he said:

“You know, look, I think Pfizer, I think it can bottom here. I do believe, I still believe in the Seagen acquisition. I know I seem like, that I’m alone along with Dr. Bourla, but I think that there’s a lot of good stuff that they have, so I would say keep it here.”

Pfizer (NYSE:PFE) focuses on creating, manufacturing, and delivering biopharmaceutical products. The company’s products include treatments for heart conditions, infections, cancer, immune disorders, and vaccines. On April 17, Cramer commented:

“You know, this is a quandary. And I’ll tell you what, Dr. Bourla, terrific guy, he bought Seagen, I think it’s going to be great. Right now, it’s caught in a vortex where they can’t seem to be able to produce things to offset things that are coming off patent. I want to stick with it, but that 7.7% yield is not a sign of strength. It’s now a sign of weakness.”