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PFE - Bristol-Myers Squibb: A Great Buy After The Pullback
Pfizer Inc.
Bristol-Myers Squibb (BMY) has been on a roller coaster ride in March 2020. The stock was not spared in the COVID-19 selloff, as shares toppled from $66.55 on February 6 all the way down to $48.00 on March 20. Although the stock has recovered and closed at $55.53 on April 3, BMY still remains down by 13.49% YTD (year-to-date).
This selloff, however, has opened up a very attractive entry point for retail investors in this big pharma company. Although the company seems all set to continue posting strong financial results in coming years