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home / news releases / BMY - Gilead: Despite Its Recent Surge The Stock Did Not Reach Its Fair Value Yet


BMY - Gilead: Despite Its Recent Surge The Stock Did Not Reach Its Fair Value Yet

Lately, interest for Gilead (GILD) stock has risen dramatically as a consequence of a potential launch of its COVID-19 drug named Remdesivir. I have been a long-term believer in this company. My investment thesis, also discussed in my December article, is based on three factors: its new management team, new longer term growth opportunities and significant undervaluation. Today, I want to reassess this investment thesis by discussing the impact of Remdesivir and other recent initiatives to create shareholder wealth. I believe that Gilead, led by a very competent new CEO, is undergoing

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Stock Information

Company Name: Bristol-Myers Squibb Company
Stock Symbol: BMY
Market: NYSE
Website: bms.com

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