Michael F. Price and David Einhorn like Pfizer

December 9th, 2010
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Two well regarded value-focused hedge fund gurus have commented this week on how they see investment opportunities in Pfizer Inc (NYSE: PFE). The pharmaceutical giant’s former CEO Jeffrey B. Kindler abruptly announced his “retirement” this past Sunday. Michael F. Price, who runs value-focused hedge fund MFP Investors LLC, mentioned today during an event that the stock is on his radar.

Similarly, David Einhorn of Greenlight Capital told Reuters on Tuesday that he believed that the stock was substantially undervalued. As of 9/30/10, Einhorn’s Greenlight Capital and Price’s MFP Investors held 23,154,098 shares ($397mm) and 370,000 shares ($2.18mm) of Pfizer Inc, respectively.

Before founding MFP Investors LLC in 1998, Michael F. Price made a name for himself as an astute value investor with an extremely impressive track record at Mutual Series, which is now part of Franklin Templeton Investments.
For Detailed Investor Profiles on these Investors, click below:
Greenlight Capital
Related People: Bruce Gutkin; David Einhorn; Harry Brandler; James Lin; Jeffrey A. Keswin*; Nelson Heumann; Vinit Sethi
Related Entities: DME Advisors LP; Greenlight Capital Inc; Greenlight Masters LLC; Greenlight Private Equity Partners
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Spotlight Reports

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by jill on April 30th, 2012

I think investing in a drug company like this is such a great idea. They are making tons of money and the future looks so bright for them. Great choice here. écoles élémentaires d'Ottawa


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