[JTrout]

[ QUOTE ]
The standard argument against pharma right now is that the pipelines are empty. Does PFE have anything big coming out? Any reason to expect strong earnings growth in the next 3-5 years?

[/ QUOTE ]

I don't know.

My knowledge of investing in stocks is very limited.
My time applied to studying stocks is, too.

Compared to experts, professionals, and such, it is miniscule.
So even if I did or did not know of potential big things about a certain company, it would long ago be priced into the stock.
So I make very little effort to try.

However, I still want to invest and to take as much of the gamble out as possible.
That points me towards financially strong companies, with a (long) history of making money, that for one reason or another have suffered something bad recently.

If Pfizer had (projected) big things in its immediate future, the price of the stock would be beyond what I'd consider a value.

If Pfizer has bad news in the near future, the price will go down a little.
If it has any good news, the price will go up a lot.