(10-08-2021, 09:39 AM)stockguru Wrote: BMY right near a 52 week low now. This stock has been very disappointing.
It certainly has. Considered by a lot of smart value investors to be undervalued when it was at $65. I bought many of my shares at $50 or less years a ago and I am still about even on my long position. There are political reasons to think pharma will remain under pressure but this seems overdone. I may add a little more but I'm about at my exposure limit. Even if you want to dump BMY you'll regret not waiting for it to bounce some. It's getting way oversold and the news hasn't been all that bad IMO.