Bristol Myers Squibb: Seriously Undervalued At Peak Pessimism (Rating Upgrade)

Guido Mieth/DigitalVision via Getty Images Bristol Myers Squibb Company (NYSE:BMY) is one of the largest pharmaceutical companies in the world, headquartered in Princeton, New Jersey. Investment thesis Since the publication of my last article in late 2023, the company's share price has continued to move sideways despite making significant progress in developing its pipeline of experimental drugs, as well as improving its financial position despite increased competition from generic versions of its blockbust ...