Pfizer Inc (PFE)

Owns share in the income growth fund. Very stable and safe dividend. Current share price is very cheap. Strong R&D pipeline. Expecting company to continue earnings growth. Would recommend buying and holding. 

Their success during Covid, with a big sales spike, hurt them after the pandemic. They should be more efficient, namely their return on invested capital. He prefers Merck for its better performance.

With a 5.7% yield, certainly many investors will like what they see as far as income goes from PFE. The company also has a fairly decent history of raising dividends. In 2014 it was 26 cents, it is 42 cents now. As interest rates decline, its dividend may become more attractive to investors. The stock is cheap at 11X earnings, and now up 2% YTD. Our value trap comment mostly refers to lack of growth. EPS this year is expected to be $2.61, not much above the levels of nine years ago and well below the Covid peak (2021). That would not be so bad, if not for the fact that debt has nearly doubled as well in the past 10 years. So there has been no growth but still, financial risks have increased here. 
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His pick in the healthcare space. Performance coming into this year not favourable. Value opportunity. Penalized by analysts by lack of takeup in obesity drugs. Buy it for oncology buildout, increased demand there. Solid medium-term outlook.

Many drugs are moving into phase 3 trials, which could be a catalyst, and trades around a cheap 9x PE. They just finished buying Seagen. They have their own weight-loss drug. The dividend is safe, offers 3-5% consistent growth, plus maybe more growth from their drugs. Are cutting costs the rest of the year.

Believes is safe - balance sheet is strong. Strong R&D department, with good pipeline of products. However, there are better options in this sector. 

Has been buying at the lower prices. Would recommend investing at low stock price. 

Their next report must show progress in their Seagen division or shares will fall.

Disappointing. Pharma needs to have a pipeline. Weight-loss and diabetes drug companies are the stars. Good company, but not a great stock. At some point, there will be a rally, though it might be a dead cat bounce. Don't own for the long term. If you have puts on it, you're in a decent position.

Strong dividend yield. Will continue to own shares. Weakness after the Covid-19 expected, but large decrease a surprise. However, strong pipeline of new drugs, and well known brand name. Expecting stock price to appreciate in the future. 

Look at the 30-year chart. Stock's around the same price today as then, despite the 10s of billions in acquisitions over the years. Partly speaks to industry conditions, partly to lack of blockbuster drugs. Dividend secure. Terrible investment for decades. Yield is 6%.

Pays a 6% dividend, which is good as rates fall. The PE is low, because they don't a lot of high-quality drug prospects now, but they bought Seagen which he really likes.

At a pivotal point on the technical charts. Based down early this month and just moved up to 200-day MA, which is falling. If it can break that, it's positive for the stock. Really great dividend of 5.76% is fairly safe. If you're patient, it's OK. Stronger growth companies in healthcare, such as weight loss and diabetes. 8% growth rate.

US dividend stocks don't usually pay nearly as much as Canadian ones. If he's looking for income, there are tax and other advantages to owning Canadian dividend stocks, especially in non-registered portfolios. 

Underperformer in the sector. Not in a growth area, which is weight loss right now. So he'd probably look at LLY and NVO. Those pipelines are probably going to be fairly robust.

Ex-Covid, this is one of the biggest pharmas in the world that generates huge cash flow that supports a 6% dividend. He targets mid-$40s.