Pfizer Inc. (NYSE:PFE) has been experiencing accelerated earnings and sales growth over the past five years. Over that time frame the firm has seen earnings growth of 1.00% and sales growth of 0.80%.
Technical investors generally rely heavily on price charts to help spot potential trades. Chartists will often try to interpret past movements with the goal of trying to gauge the future share price movements. Some charts can be extremely complex while others may be quite simple. Many traders will spend countless hours studying the signals to try to spot optimal entry and exit points. There are many different indicators that technical analysts can follow. Some traders will use standalone signals, and others will use a robust combination. Getting into the nitty-gritty of charting can be overwhelming for the beginner. Taking the time to completely understand what the charts are saying can be the difference between a big win and a major loss.
While the firm has enjoyed the upward movement, it’s important to look at analyst expectations and where the company is headed from here. On a consensus basis, analysts are projecting EPS growth of 4.50% for next year and have a $45.00 one year price target on the stock. The stock recently traded at $41.15.
Six Fundamental Characteristics of Great Growth Stocks
#6 Huge Mass Markets – The more potential customers there are, the greater the possibility that both the company, and the investment in said company, will be a success.
#5 Market Dominance/Barriers to Entry – Look for companies who hold patents. This is great barrier to entry, ensuring no competition. Look for companies who dominate the market, blowing away the competition, though market dominance can be harder to measure.
#4 Accelerating Earnings Growth – If a company’s earnings growth rate increases for two consecutive quarters, their