5 Best Stocks Under $50 To Buy Now

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In this article, we will take a look at 5 best stocks under $50 to buy now. If you’d like to go through our overview of investing and some recent financial news, then please take a look at the 13 Best Stocks Under $50 to Buy Now.

5. Pfizer Inc. (NYSE:PFE)

Number of Hedge Fund Holders: 73

Share Price as of November 28: $30.08

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 2022, Pfizer Inc. (NYSE:PFE) achieved remarkable success with its COVID-19 vaccine Comirnaty, generating an impressive $37.8 billion in alliance revenues and direct sales.

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.

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