辉瑞是优于其他AI生物科技股的长期投资选择,因其估值更低、股息率高,且AI驱动的管线多元化成功。
逐段跳播
另一方面,我们名单上的第二只股票实际上估值便宜得多,股息收益率诱人,在我看来,总体上是长期投资的更好选择。那就是大型制药巨头辉瑞,股票代码PFE,大多数投资者在大流行高点后已经完全放弃它,当时这些药物为辉瑞带来了如此多的增长,以至于他们几乎立即成为全球最大的生物技术公司。
On the other hand though, stock number two on our list um actually carries a much cheaper valuation, a mouthwatering dividend yield, and in my opinion is just the overall kind of better package to invest in long term. And that's going to be in the uh big pharma giants Fizer, ticker symbol PF, who most investors have completely written off after the pandemic highs where the pepperoni provided so much growth for them that they almost instantly became the largest biotech in the entire world.
但自那以后,一旦对这些药物的需求暴跌,辉瑞的财务状况回落,导致股价暴跌超过其总价值的一半。现在有三点。第一,辉瑞的股价现在甚至比大流行发生前还要低。事实上,甚至比十年前还要低。
然而,他们的财务状况比那时高得多,这完全说不通。
But since then, once demand for those drugs plummeted, Fizer's financials corrected back down, causing the stock to crash by over half its entire value. Three things on that now. Number one, Fizer's stock price is now sitting even lower today than it did before the pandemic ever even happened. In fact, it's even lower than it was an entire decade ago. Yet, their financials are much higher than they ever were back then, which makes absolutely zero sense.
第二,他们从大流行中赚了这么多钱,以至于他们进行了可以说是制药史上最大的收购狂潮。当然也是我见过的最大规模,总共花费了大约800亿美元。
Number two, they made so much money from the pandemic that they went on arguably the largest acquisition sprees in pharma history. Certainly the biggest that I've ever seen, spending around $80 billion in total.
第三,即使我们把所有这些放在一边,回到本视频的主题,辉瑞正在远离仅仅是大流行时代的药物进行多元化。其中很大一部分现在真正由AI驱动。
And number three, even if we put all of this aside, oh, back to the topic of this video, Fizer is diversifying well away from just pandemic era drugs. And a huge part of that is really being driven now by AI.
例如,他们与AWS合作构建了所谓的辉瑞科学数据云(SDC),它基本上汇编了数十年的历史分子数据,使他们的AI算法能够即时搜索和分析所有这些数据,从而在整个管线中比以往任何时候都更快地设计更好的药物。
For example, they partnered with AWS to build what is known as the Fizer Scientific Data Cloud or SDC that basically compiles decades of historical molecule data, allowing their AI algorithms to instantly search and analyze all of it to design better drugs much faster than ever before across the entire pipeline.
除此之外,他们刚刚签署了一项大型许可协议,使用一个名为Chi3的专业生物制剂AI平台,他们现在正在使用该平台从零开始设计全新的抗体,预测分子相互作用也比以往任何时候都快。
On top of that, they just signed a big licensing deal to use a specialized biologics AI platform called Chi3, which they're now using to design brand new antibodies completely from scratch, predict molecule uh interactions much faster than ever before, too.
他们甚至使用机器学习来即时匹配患者与临床试验,并优化监管提交,这一切都与他们以430亿美元收购CGEN完美契合,辉瑞现在正在将这种AI分子设计与抗体药物偶联物(即ADC)相结合。
And they're even using machine learning to instantly match patients to clinical trials and optimize their regulatory submissions which all perfectly ties into their giant $43 billion acquisition of CGEN where Fiser is now combining this you know AI molecular design with antibbody drug conjugates what are known as ADCs.
这些基本上是针对癌症的制导导弹式疗法,可以将化疗直接递送到肿瘤细胞,同时避开健康组织。这可能成为世界上最大的疾病之一的真正改变游戏规则的方法,当然也是悲剧性的。
These are basically guided kind of target missile therapies for cancer that can deliver chemotherapy directly to the the uh the tumor cells while avoiding healthy tissue. That could be a real gamecher for for one of the biggest diseases of course tragically in the world.
当你查看他们最新的收益报告时,你实际上可以看到这种转变的早期迹象正在为他们获得动力,因为他们新推出和收购的产品销售额同比大幅增长18%。而仅收购的产品就飙升得更多,增长了25%。
And when you look at their latest earnings report, well, you can actually see the early signs of this turnaround kind of gaining traction for them as their newly launched and acquired product sales actually soared by a huge 18% year-over-year. While just acquired products alone skyrocketed by even more, a bigger uh 25% growth.
各位,这正是我一直告诉你们的,我预测会发生的事情。过去几年我一直在说,随着股价暴跌,我警告过你们,这家公司已经从大流行年代赚取了他们可能需要的所有利润。
Now, guys, this right here is exactly what I've been telling you that I kind of predicted would happen. I've been saying this for the past few years that as the stock was crashing into the ground, I warned you that this company already made all the profit that they were they would ever need from the pandemic years.
你知道,不管我们对整个大流行及其药物等事情的个人意见或感受如何,事实是,仅从投资角度来看,辉瑞从中赚取了惊人的金钱。所以他们已经收集了这些钱,然后用它来收购所有这些新公司,这些公司将慢慢弥补大流行后销售下滑,最终将超过那个水平。
You know, regardless of of of what you know, our personal opinions or feelings are about the whole pandemic and and and the medications for it and all that kind of stuff. The the fact is just looking at this from an investment perspective alone, Fizer made unbelievable amounts of money from that. And so they already collected it and then they used it to acquire all of these new companies that are slowly going to be making up for the falling sales coming off the pandemic and a and eventually it's going to overtake that.
事实上,大多数人甚至不知道,Fizer 在过去两年半中几乎每个季度的营收和利润都超出了预期。然而,由于投资者在疫情后的恐惧,以及对其药物和治疗需求的大幅下降,该股现在极其便宜。我的意思是,其远期市盈率比行业低超过 50%。
In fact, most people don't even know this, but Fizer has actually exceeded expectations on both the top and bottom line for almost every single quarter of the past 2 and 1/2 years already. And yet because of all the the the fear from investors, you know, coming off the pandemic, the the the crashing demand for for their um drugs and treatments, the stock is now insanely cheap. I mean, it's trading even lower than the sector by over 50% on a forward PE basis.
而且股息率已飙升至历史最高水平之一,超过 6%。而大多数时候,投资者能收到大约一半的股息就会非常满意了。顺便说一句,这也是一个相当安全的股息。因为 Fiser 一直在实施大量的成本削减措施,这使得他们的派息率相当不错,低于 60%。而且该股息已连续增长超过十五年。
And the dividend has skyrocketed to one of its highest yields ever at above 6%. Which, you know, most of the time investors would be more than happy to just collect around half that amount. And it's also a pretty safe dividend, too, by the way. Um cuz Fiser has actually been implementing tons of cost cutting initiatives and this results in a pretty good payout ratio for them of less than 60%. With now over a decade and a half of consecutive growth on that dividend.
这就是为什么我自己一直在买入该股,直到今天,我仍然认为它可能是市场上最被忽视的长期投资标的之一。再说一次,仅从投资角度来看,我知道这是一只有争议的股票,但仅从投资角度,如果你要把钱放在某个地方,希望获得回报,我认为 Fizer,我不知道。
对我来说,在疫情和巨大崩盘之后,它看起来总是一笔相当不错的交易。
That's why I've been buying the stock myself and to this day I still think that it's probably one of the most slept on plays in the market for the long term. Again, just from an investment perspective alone, I know it's a controversial stock, but just from investing, like if you're putting your money somewhere, you know, hoping to get a return on it, I think Fizer, I don't know. To me, it's always looked like a like a pretty good deal coming off the pandemic off that giant crash.
这个频道对 $PF 的历次判断
Ale's World of Stocks 在这只股票上只有这一条判断。