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DewDiligence

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DewDiligence

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Re: santafe2 post# 24956

Saturday, 05/28/2022 1:43:33 PM

Saturday, May 28, 2022 1:43:33 PM

Post# of 29303
Barron’s likes BMY on valuation:

https://www.barrons.com/articles/buy-bristol-myers-stock-pick-51653520520

…simply getting back to its five-year average [P/E] multiple of 11.7 times would put Bristol stock at $91.38…while getting to Merck’s 13 times would put the shares at $101.53…

BMY's performance in 2022 YTD has been pretty good, but the stock is still cheap.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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