With value investing gaining traction amid volatile market conditions, investors could consider adding attractively valued shares of fundamentally strong, profitable businesses. At the current price level, I think Pfizer Inc. (PFE) is one of the best value stocks for reasons explained throughout this article.
2022 was a record-breaking year for PFE, with revenue and earnings per share reaching all-time highs. The company reported revenue of $100.33 billion, up 23% year-over-year. Its adjusted income increased 63% from the prior year to $37.72 billion, while its adjusted EPS was $6.58, an increase of 62% year-over-year.
