Workflow
Bristol Myers Squibb Vs. AbbVie Stock
ABBVAbbVie(ABBV) Forbes·2024-09-26 11:00

GERMANY - 2024/03/03: In this photo illustration, the Bristol-Myers Squibb Company logo is seen ... [+] displayed on a tablet. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesGiven its better valuation, we believe that Bristol Myers Squibb stock (NYSE: BMY) is currently a better pick than its peer – AbbVie stock . BMY stock trades at a much lower multiple of 2.2x revenues, versus 6.2x for ABBV. This can be attributed to the latter’s supe ...