13 stocks that are down for 2023 but may -2-
Buckingham said Pfizer was an example of how investors can benefit from the market's fixation on short-term developments, to pick up stocks of quality companies at low prices.
"Big pharma used to trade for 20 times earnings. Now you are getting multiples in the mid teens. We recognize the world may have changed for many industries, but we think the punishment has not fit the crime," he said.
Don't miss: Seven tech stocks that can broaden your exposure beyond the 'Magnificent Seven' in 2024
-Philip van Doorn
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12-23-23 0719ET
Copyright (c) 2023 Dow Jones & Company, Inc.-
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