If you own Pfizer stock, you just received shares of "another" company. VTRS. Shares hit my account today.
Originally Posted by :
Pfizer's (NYSE:PFE) long-awaited deal is finally done. Last week, the big drugmaker completed its merger of Upjohn with Mylan. The transaction created a new entity, Viatris (NASDAQ:VTRS), that's a leader in branded and generic drugs and biosimilars.
If you owned Pfizer shares prior to the close of the deal, you now also own roughly 0.124079 shares of Viatris for every one share of Pfizer common stock held. Should Pfizer shareholders sell their Viatris stock? Or does holding make more sense for now?
I'm starting to realize PE ratio is pretty damn worthless. There's too many good growth companies who's PE ratio looks terrible but with continued growth will "grow" into a better PE number. I think the key on some of these fast running stocks is to know when to get out, using stop loss orders to lock in gains rather than just being stubborn and holding long term.
There's still plenty of risk involved, but so it buying a low PE stock thinking it's undervalued, when in fact it's simply growing poorly and is now stagnant. [Reply]
New to the thread. Need to start keeping up with it. I got in on AMD back when it was like $5 a share. Cashed that out to help furnish new house. Got back in a year ago with AMD.
It’s the only individual stock I own. Rest are either mutual funds or ETFs, like JETS [Reply]
I have begun investing in some stocks although most of my investment is in an S&P ETF that has performed very well (+30%) since I bought it in March. I'm looking to possibly buy some individual stocks. Any ideas for books and/or podcasts regarding investing to read/listen to? [Reply]
Originally Posted by lewdog:
I'm starting to realize PE ratio is pretty damn worthless. There's too many good growth companies who's PE ratio looks terrible but with continued growth will "grow" into a better PE number. I think the key on some of these fast running stocks is to know when to get out, using stop loss orders to lock in gains rather than just being stubborn and holding long term.
There's still plenty of risk involved, but so it buying a low PE stock thinking it's undervalued, when in fact it's simply growing poorly and is now stagnant.
That’s sound.
But without real revenue the risk goes through the roof. I mean Nikola was just a month ago.
Originally Posted by wheeler08:
New to the thread. Need to start keeping up with it. I got in on AMD back when it was like $5 a share. Cashed that out to help furnish new house. Got back in a year ago with AMD.
It’s the only individual stock I own. Rest are either mutual funds or ETFs, like JETS
Yeah. That was the original direction of the thread to determine help guys with IRAs and traditional investment accounts and the like. Then it turned into r/Wallstreetbets with fewer memes. :-) [Reply]
Originally Posted by Buehler445:
Yeah. That was the original direction of the thread to determine help guys with IRAs and traditional investment accounts and the like. Then it turned into r/Wallstreetbets with fewer memes. :-)
Yep. Long-term personal finance is kind of boring, so it doesn't get a ton of discussion, but that's really where the thread started. Despite all of the discussion about individual stocks here, diversification is still key. Some people are comfortable doing that for themselves and building a portfolio with a diversified set of stocks, but mutual funds and ETFs still play a big role for most. (I'm personally super boring and largely just go with target date index funds.)
My personal recommendation for people just venturing into individual stocks is to keep the bulk of your funds in broad funds of some sort and then set aside some "play money" to invest into individual stocks. The amount should be high enough to give you some chance of big returns but low enough that losing a chunk of it won't interfere with your retirement plans. [Reply]
