Buy Bristol Myers if you like the stock.
This stock has always been expensive vs 2CentView Fair value as it is so widely held and highly regarded.
A recent failure of key lung cancer drug has seen the stock drop from $75 to $55.
2CentView FV = $55, Yield 2.5%. Super strong balance sheet. 20% implied growth.
They may do a deal or a mega merger.
If you like BMY suggest trade as follows:
Buy here at $55, Take profit target $69 , stop $47. Consensus Analyst target price, $67.