In today's overheated stock market, there aren't many undervalued names that you can invest in. However, pharmaceuticals happens to be one such industry rich in quality, undervalued, high-yield dividend growth names.
However, that doesn't mean you can blindly buy just any Big Pharma. Let's take a look at two titans of the industry, Merck (NYSE:MRK) and Pfizer (NYSE:PFE), to see why Pfizer is hands down the better dividend growth stock to buy right now.