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Bmylong

BMY Long Trade Idea Enter Long - Ideal price is $64-$66 Stop Loss - $64.4 Profit Target - $70-$71 ARK fund is dumping Bristol-Myers Squibb (BMY), should you? Yet another solid company with solid financials who is currently trading at 65.6% below estimated fair values. Earnings are forecasted to grow 30.88% per year. This stock also pays out a reliable dividend of 2.96%. Caution as there has been significant insider selling over the past 3 months. I plan on buying this at open tomorrow and holding for a few weeks or until price target is reached.  For the six months ended 30 June 2021, Bristol-Myers Squibb Co revenues increased 9% to $22.78B. Net income totaled $3.08B vs. loss of $860M. Revenues reflect Prioritized Brands-Eliquis segment increase of 18% to$5.68B, Prioritized Brands-Revlimid segment increase of 6%to $6.15B, United States segment increase of 9% to $14.4B,Europe segment increase of 11% to $5.24B.
NYSE:BMYLong
by DocKaz
Long Bristol Myers for 2021 and beyond- Technical w/FundamentalBristol Myers is in a great position both fundamentally and technically. Time horizon is 1-2 years. Technical: Ascending Triangle with Price above the 30-day and 210-day simple moving averages. This could squeeze into the previous highs set in 2018 and 2016 (~$75). We want to see the price continue to stay above these averages as well as the trend line connecting the recent higher lows. Fundamental: -Recent Celgene acquisition adds $18B in revenue and diversifies BMY's product portfolio. Before the acquisition, BMY's Top 3 Drugs made up almost 75% of its total revenue. After the acquisition this same ratio is only 43%, decreasing BMY's reliance on its top 3 drugs. -Last three years the average P/E based on operating earnings for BMY has been 14.21, and at their current price they are trading at a 9.79, suggesting they may be currently undervalued. -Dividend of $1.92 or 3.14% yield -21.41% Adjusted Operating Earnings growth rate -A+ S&P credit rating Price Target = $100-110
NYSE:BMYLong
by kylespangladesh
BMY = Long Term Bullish Chart = Cup-N-Handle !!!!! 8/2/2020What up you crazy mother-flowers !!!!!! Check out BMY on the freaking long term chart!!! = Cup-N-Handle on the monthly chart and targets on the chart> = Also the weekly chart you see a possible Rising 3 methods in the making above 20-moving-average but not confirmed yet> = You will find Inverse head and shoulders on the Daily/Weekly chart witch is working on the move up from the right shoulder> = I'm looking into a long term option trade on this one here> Let me know what ya'll think....
NYSE:BMYLong
by Slick_Trader