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Microsoft hits highs, markets riseStocks extend slide post-Fed3 Best U.S. Healthcare ETFsThis summary was created by AI, based on 10 opinions in the last 12 months.
Experts have mixed opinions on Bristol Myers Squibb (BMY-N). While some believe that the company faces challenges with its drug patents and pipeline, others are optimistic about its potential for growth, backed by strong cash flow and strategic acquisitions. The stock has faced a recent downturn but offers a substantial dividend yield. Overall, the company is seen as having potential for a turnaround, despite its current challenges.
Down 23% in the past 6 months. Pays a 5% dividend. Be patient and give the current CEO a chance to turn things around.
Big on immune oncology and cardio. Technically doesn't look great, but eventually "the train will come along and collect the mail bag". Makes a ton of $$ in NA. Wide moat. Concerns about pipeline, but he thinks it's pretty good. Limited downside. Yield is 4.9%.
Good pricing power. Because products are so specialized, FDA puts them on sort of a fast track.
In the past quarter, They recently bought 3 companies, including Mirati, a small oncology company, and Karuna who may develop a wonder drug to treat schizophrenia. BMY needs to buy companies, because their top 3 drugs face steep patent cliffs, like a blood-clot drug, accounting for over 61% of 2023 (Jan-Sept)'s sales.
Disagrees with today's downgrade. BMY will produce $75 billion free cash flow over the next 5 years, which will transform them.
They don't have the drug pipeline that they used to have. Also, don't buy a stock only for the dividend.
Investors have given up on drug stocks, including BMY, but he won't. You must own a drug stock in your portfolio.
It has some real challenges from 2026 to 2030 when some of their drugs will come off patents. They will need to fill their pipeline. This is reflected in the 8X earnings multiple. As for Amgen, it has defensive characteristics but we need to make sure they execute their plans.
Trades under 9x earnings, has a ton of free cash flow and are buying back stock.
They have zero economic sensitivity (good) and has enough drugs in the pipeline to beat future estimates. Always pays an above-average dividend.
Bristol Myers Squibb is a American stock, trading under the symbol BMY-N on the New York Stock Exchange (BMY). It is usually referred to as NYSE:BMY or BMY-N
In the last year, 6 stock analysts published opinions about BMY-N. 5 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Bristol Myers Squibb.
Bristol Myers Squibb was recommended as a Top Pick by on . Read the latest stock experts ratings for Bristol Myers Squibb.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
6 stock analysts on Stockchase covered Bristol Myers Squibb In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Bristol Myers Squibb (BMY-N) stock closed at a price of $54.23.
A lot of their big drugs are coming off patent, and they will need 5 years to turn around. Meanwhile, collect the 5% dividend as you wait. Be patient. He prefers Eli Lilly.