Diamonds and Dogs

12/17/24

Pfizer (PFE) higher after raising guidance. Healthcare has taken on the chin this year, but drug giant, Pfizer is up 4% after reaffirming this year's guidance and raising guidance only modestly for 2025 even as they see a billion dollar cost to the changes in Medicare Part D.

Oil and oil stocks remain weak. The price of oil hovers around the $70 a barrel level as oil giant, Apache (APA) fall 4% to a new 52 week low on a downgrade at Wells Fargo. Citigroup downgraded the stock three weeks ago.

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