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No. of Recommendations: 5
Just a quick note -- if you assume the 7-10 year growth is only 15% (which may be more realistic than just using the 5-yr 19% growth rate), you get Pfizer worth about $42 per share. Sometimes it is interesting to force the equations to give you the current share price, so that you can see what the market is assuming. Then, if you believe something different (ie, that Pfizer really will grow at 19% per year for 10 years) you can buy the stock.
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