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This is a Berkshire Hathaway news story, published by Yahoo Finance, that relates primarily to Pfizer Pfizer news.

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The Motley Fool

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3 Magnificent S&P 500 Dividend Stock Down 35% to Buy and Hold Forever

Summary

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74% Informative

Occidental Petroleum shares are roughly 47% below the high set in late 2022 .

Pfizer Pfizer reached its peak share price in late 2021 thanks to skyrocketing sales of its COVID-19 products.

The big pharma stock has plunged almost 60% since then as those sales tanked.

The steep decline has resulted in two positive side effects, including Pfizer 's 6.5% dividend yield.

Stock Advisor returns as of December 9, 2024 Keith Speights has positions in Berkshire Hathaway , Pfizer , and United Parcel Service . The Motley Fool has positions in and recommends Berkshire Hathaway and Pfizer . The Motley Fool recommends Occidental Petroleum and United Parcel Service . The Motley Fool has a disclosure policy. 3 Magnificent S&P 500 Dividend Stock Down 35% to Buy and Hold Forever was originally published by The Motley Fool .