Bristol Myers Squibb: Why I'm Pounding The Table On This Buying Opportunity

Bristol Myers Squibb: Why I'm Pounding The Table On This Buying Opportunity

BMY
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Bristol Myers Squibb: Why I'm Pounding The Table On This Buying Opportunity

Summary

Bristol Myers Squibb is trading at a generational bargain, near 7x earnings, with a compelling 5.6% dividend yield and s...

Bristol Myers Squibb is trading at a generational bargain, near 7x earnings, with a compelling 5.6% dividend yield and strong cash flow. Recent Q2 results beat expectations, and management is focused on growth initiatives, including AI-driven drug discovery and new partnerships. Despite near-term earnings declines, due to patent expirations, AI and pipeline opportunities offer potential upside not priced into the stock.

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