5 Best Affordable Stocks To Buy

4. Pfizer Inc. (NYSE:PFE)

Share Price as of January 19: $28.10

Number of Hedge Fund Holders: 73

Founded in 1849 by German entrepreneurs Charles Pfizer and Charles F. Erhart, Pfizer Inc. (NYSE:PFE) is a renowned multinational pharmaceutical and biotechnology corporation headquartered at The Spiral in Manhattan, New York City. Globally recognized for its extensive contributions to medical research, development, and production, Pfizer operates across various medical fields, including immunology, oncology, cardiology, endocrinology, and neurology.  In December 2023, the company announced its 14th consecutive annual dividend increase. It currently pays a quarterly dividend of $0.42 per share and has a dividend yield of 5.94%, as of January 19.

As of the conclusion of Q3 2023, data from Insider Monkey’s database revealed that 73 hedge funds maintained stakes in Pfizer Inc. (NYSE:PFE), a figure unchanged from the previous quarter. The combined value of these stakes exceeds $2.4 billion.