Bernstein Sticks to Its Hold Rating for Pfizer (PFE)
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Smith covers the Healthcare sector, focusing on stocks such as Pfizer, AstraZeneca, and arGEN X. According to TipRanks, Smith has an average return of 3.4% and a 50.00% success rate on recommended stocks.
Currently, the analyst consensus on Pfizer is a Moderate Buy with an average price target of $28.38, which is a 10.77% upside from current levels. In a report released yesterday, J.P. Morgan also maintained a Hold rating on the stock with a $30.00 price target.
Based on Pfizer's latest earnings release for the quarter ending March 29, the company reported a quarterly revenue of $13.72 billion and a net profit of $2.97 billion. In comparison, last year the company earned a revenue of $14.88 billion and had a net profit of $3.12 billion
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Globe and Mail
an hour ago
- Globe and Mail
10 Reasons to Buy and Hold This AI Stock Forever
Key Points Nvidia has delivered explosive gains to investors over the past few years. The company has many strengths that should keep the momentum going. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) has demonstrated its ability to deliver major growth to investors, soaring 1,400% over the past five years. It's been a must-buy stock due to its leadership in a market set to reach into the trillions of dollars a few years from now; that's artificial intelligence (AI). This tech giant designs AI chips, known as graphics processing units (GPUs), that drive the most crucial of AI tasks, so they're key to the development and progress of this field. This has helped Nvidia's revenue skyrocket, and in turn, it's supercharged demand for the stock. But Nvidia's good days are far from over. In fact, this AI powerhouse is a fantastic stock to buy and hold forever. Here are 10 reasons why. 1. Great leadership More than 30 years ago, Jensen Huang founded Nvidia, and this executive with big dreams and practical paths to achieve them remains at the helm. Huang is highly focused on the company's success and has led it through a game-changing transformation, from mainly serving the video game industry with its chips to expanding across industries and into AI. That decision represented a key turning point for Nvidia, and this decision, along with others made by Huang, are the reasons the company is so successful today. And Huang's presence is reason to be confident about the future. 2. A strong growth track record Nvidia has delivered quarter after quarter of double- and triple-digit revenue increases, and the company has reached record levels of revenue; for example, $130 billion in the latest fiscal year. This shows us that Nvidia has staying power and has been able to keep customers flocking to it for AI chips and other products over time. 3. High profitability on sales This AI giant is not just generating revenue growth but also delivering high profitability on sales quarter after quarter. We can see this through gross margin, which has surpassed 70% most quarters in recent times, even during moments when expenses are high, such as during product launches. Many companies, especially in a new growth field like AI, can achieve revenue growth, but profitability is much more difficult to reach. And it's the essential element that helps a company and its investors win over the long term. So, Nvidia's profitability on sales is something to applaud. 4. A focus on innovation Nvidia has promised to update its chips on an annual basis, and so far, it is doing a great job of that, launching the Blackwell architecture and chip this winter and just now beginning the rollout of a new chip, the Blackwell Ultra. In fact, Nvidia has announced a roadmap out to 2028. This is important because innovation should be the element to keep Nvidia ahead of rivals. 5. Presence across the AI spectrum Though we all may think "AI chips" when we think "Nvidia," the company hasn't stopped here. Instead, Nvidia has designed an empire of products and services that address every step of the AI journey, from training and inferencing to developing AI agents and more. Nvidia has even launched industry-specific platforms to help healthcare or automobile companies, for instance, apply AI to their needs. All this means Nvidia can benefit from every stage of AI growth, and just about any company aiming to develop an AI platform or apply AI to its business could find what they need from Nvidia. 6. A solid moat This AI empire is Nvidia's moat, or competitive advantage, as it stands out as the only player to offer such a complete portfolio of AI. This isn't something a rival could construct overnight, and Nvidia's innovation suggests it will continue to stay one step ahead in this area. Of course, rivals still could carve out market share and be successful. However, Nvidia's moat should help it maintain dominance over time. 7. Proven adaptability when faced with challenges Every company faces tough times at one point or another, and the key question is how that company will handle such situations. Nvidia has shown us its great adaptability. For example, a couple of years ago, it designed a new chip, the H20, compliant with U.S. controls on exports to China. Another more recent example can be seen when, facing the U.S. plan to impose tariffs on imports, Nvidia launched a major investment in manufacturing in the U.S. Today, Nvidia faces new controls on exports to China that have blocked sales of the H20. But the company's track record of adaptability is reason to be confident about its ability to handle this and future difficulties. 8. The resources necessary to support growth and address challenges Nvidia has more than $53 billion in cash, and its total assets well outweigh its liabilities. NVDA Total Assets (Annual) data by YCharts. This shows that the company has what it takes to support growth and address any headwinds down the road without endangering the financial health of the business. 9. Known for making smart investment decisions Nvidia has made excellent investment decisions, as we can see from the company's return on invested capital over time and especially in recent years as the AI boom accelerated. NVDA Return on Invested Capital (Annual) data by YCharts. So, there's reason to be confident that certain decisions or product launches today or tomorrow will deliver growth down the road. For example, Nvidia recently released a product that will make it easier for a broader range of customers to use its systems. This may seem like a small move, but it could deliver big down the road. 10. The stock looks like a bargain now You might expect Nvidia to be expensive, considering all the points I've mentioned above, but it's actually reasonably priced these days, trading for only 37 times forward earnings estimates. This is down from as much as 50 times just a few months ago. And that's why right now is an ideal moment to get in on this top AI stock and, for the reasons above, hold on forever. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor 's total average return is1,047% — a market-crushing outperformance compared to180%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 7, 2025
Globe and Mail
an hour ago
- Globe and Mail
Nvidia Just Became the World's First $4 Trillion Stock. This Artificial Intelligence (AI) Giant -- Which Is up 686,000% Since Its IPO -- Might Be Next.
Key Points Following two incredible years of growth, thanks to artificial intelligence (AI), Nvidia became the world's first $4 trillion company on July 9. Microsoft has a market capitalization of $3.7 trillion, so it could be the next member of the ultra-exclusive $4 trillion club. Microsoft stock could get there in the next few months if the incredible momentum in its AI products and services continues. 10 stocks we like better than Microsoft › Nvidia supplies the world's best artificial intelligence (AI) chips for data centers. Demand is heavily outstripping supply, sending the company's sales -- and its stock price -- surging over the last couple of years. In fact, on July 9, Nvidia became the first company in history to achieve a market capitalization of $4 trillion. But Microsoft (NASDAQ: MSFT) is nipping at Nvidia's heels in terms of valuation. Its stock has soared by a whopping 686,858% since its initial public offering (IPO) in 1986, and the company's market cap is now over $3.7 trillion. In other words, Microsoft stock needs to gain only 8% more to place the company alongside Nvidia in the $4 trillion club. Here's why its growing presence in AI software and infrastructure could fuel that move. Microsoft developed a powerful AI assistant called Copilot Since 2019, Microsoft has invested around $14 billion in ChatGPT developer OpenAI. It has used the start-up's latest large language models (LLMs) to craft its own AI assistant, called Copilot, which is embedded in almost all of its flagship software products. Copilot is accessible for free through Windows, Bing, and Edge, and it's available as a paid add-on in a host of other products, creating new revenue streams for Microsoft. For instance, enterprises can add Copilot to their Microsoft 365 subscription for an additional monthly fee, where it can boost their employees' productivity in applications such as Word, Excel, and Outlook. Enterprises around the world pay for more than 400 million 365 licenses, so the Copilot add-on could generate billions of dollars in recurring revenue over time. During the fiscal 2025 third quarter (ended March 31), the number of organizations using Copilot for 365 tripled compared to the year-ago period, so uptake has certainly been rapid so far. Then there is the Copilot Studio platform, which enables organizations to create custom AI agents to suit their workflows. For example, a business can create one agent to deal with customer service queries on their website and another agent to help manage their logistics network. The platform had over 230,000 customers at the end of the fiscal 2025 third quarter, and I expect that number to climb significantly as AI adoption becomes more widespread. AI could drive a long-term acceleration in Azure cloud revenue Microsoft's AI opportunity in the cloud might be even bigger than the opportunity created by Copilot. Its cloud computing platform, Azure, offers hundreds of digital services to enterprises, helping them with everything from simple data storage and web hosting to more complex tasks such as software development. Now, it provides a growing list of tools that enterprises need to fuel their AI ambitions. Microsoft operates centralized data centers filled with the latest graphics processing units (GPUs) from suppliers like Nvidia, and it rents the computing capacity to enterprises that use it to train and deploy AI applications. Microsoft spent over $60 billion to build AI infrastructure during the first three quarters of fiscal 2025 to meet demand. It sounds like a massive number, but CFO Amy Hood says there is an eye-popping $315 billion order backlog from customers who are waiting for Microsoft to bring more data centers online. Besides AI hardware, Azure also offers access to the latest third-party LLMs from leading developers like OpenAI. Enterprises can plug their internal data into these models to create custom AI software to suit their needs. Using a ready-made LLM is much faster (not to mention cheaper) than building a model from scratch. Azure revenue grew by 33% year over year during the fiscal 2025 third quarter, which marked an acceleration from the 31% growth it delivered in the second quarter three months earlier. AI services accounted for a record-high 16 percentage points of that growth, which highlights just how important this segment has become to Microsoft's cloud division. In fact, if not for AI, Azure's revenue growth would probably be decelerating sharply. Microsoft could be the next member of the $4 trillion club Microsoft's $3.7 trillion market cap makes it the world's second-largest company behind Nvidia, and it's comfortably ahead of third-place Apple, which is worth $3.2 trillion. Microsoft stock isn't cheap right now, so it may take some time to gain the final 8% it needs to reach the $4 trillion milestone, but I predict it will beat Apple and every other company to the punch. At the time of this writing, Microsoft stock is trading at a price-to-earnings (P/E) ratio of 38.7, which is a premium to its five-year average of 33.4. However, Wall Street's consensus estimate (provided by Yahoo! Finance) suggests the company's earnings per share could grow by 13% during fiscal 2026 (which officially started on July 1), placing its stock at a forward P/E ratio of 33.1: MSFT PE Ratio data by YCharts. PE Ratio = price-to-earnings ratio. In other words, Microsoft stock would have to climb by around 17% over the next 12 months just to maintain its current P/E ratio of 38.7, which isn't out of the question, considering the strong momentum in the company's AI products and services. Since the stock market is a forward-looking machine, I think it's possible for Microsoft shares to climb by 8% over the next six months or so, provided its quarterly financial results continue to come in as expected (or better). As a result, I think Microsoft is likely to be the next member of the $4 trillion club. Should you invest $1,000 in Microsoft right now? Before you buy stock in Microsoft, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Microsoft wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor 's total average return is1,047% — a market-crushing outperformance compared to180%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
CBC
an hour ago
- CBC
Trump's latest tariff threat has European leaders plotting response
U.S. President Donald Trump's latest tariff threat of 30 per cent on goods from the EU and Mexico as of Aug. 1 has European leaders plotting their response while also pledging to negotiate a deal before the deadline.
