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BMY - Healthy Dividends: Finding Refuge In Bristol-Myers Squibb
Bristol-Myers Squibb Company
As the overall market struggles to find a direction, I am trying to plan ahead and start moving some of my funds into healthcare dividend stocks that are currently at a discount compared to their peers. My first pick was CVS Health (CVS), but now, I am looking for a big pharma candidate and Bristol-Myers Squibb (BMY) fits my criteria. The stock has fallen about 20% in the last twelve months, which appears to be a result of the market not being keen on their decision to acquire Celgene (CELG). In