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Bristol-Myers Squibb Company (BMY): All Or Nothing With A Breakthrough Drug, Says Jim Cramer

Bristol-Myers Squibb Company (BMY): All Or Nothing With A Breakthrough Drug, Says Jim Cramer

Yahoo5 days ago
We recently published . Bristol-Myers Squibb Company (NYSE:BMY) is one of the stocks Jim Cramer recently discussed.
Bristol-Myers Squibb Company (NYSE:BMY) is one of the largest and most well-known American pharmaceutical companies. It has long been one of Cramer's favorite stocks as the CNBC TV host has been nothing but full of optimism about its COBENFY schizophrenia drug. However, during this show, he changed his tone and pinned all hopes on COBENFY's success:
'[Report about the two selling Eliquis at a discount] Yeah, I mean, mistakes I've made a few but, today I'm looking at Bristol, Bristol better come through with this. With this mental health, with this mental health drug that they bought, the schizophrenic drug. . . .I mean Bristol is uh, Bristol's bad. And I own it. I own it because of this schizophrenia drug. And I said yesterday to the club, they get this schizophrenia drug, I'm going with it. They don't get this schizophrenia drug, I've never heard of it. That's where I am. Never heard of Bristol-Myers.'
A pharmacy shelves stocked with pharmaceutical drugs awaiting distribution.
Previously, Cramer discussed Bristol-Myers Squibb Company (NYSE:BMY)'s 'faint pulse':
'Of course, some of the rally's nothing more than the left-behind stocks playing catch up. The drug stocks had a rare day in the sun. I wish I had something good to say about them. Maybe it's enough to say that Bristol Myers has a faint pulse, one that lasted until the end of the session.'
While we acknowledge the potential of BMY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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Why a 'garbage rally' powered by junk stocks could explain quant hedge funds' no good, very bad summer
Why a 'garbage rally' powered by junk stocks could explain quant hedge funds' no good, very bad summer

Yahoo

time13 minutes ago

  • Yahoo

Why a 'garbage rally' powered by junk stocks could explain quant hedge funds' no good, very bad summer

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US-China trade talks: Can China reduce its export dependence?

San Francisco Chronicle​

time14 minutes ago

  • San Francisco Chronicle​

US-China trade talks: Can China reduce its export dependence?

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Hops and community are on tap at West Sacramento brewery, celebrating California Craft Beer Week
Hops and community are on tap at West Sacramento brewery, celebrating California Craft Beer Week

CBS News

time15 minutes ago

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Hops and community are on tap at West Sacramento brewery, celebrating California Craft Beer Week

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