This could make you $100,000 or more over the next 12 months…

On July 27 at 7 p.m. ET, Eric Fry and Louis Navellier will reveal a new Supercycle that’s about to grip the markets and how you can leverage this event to potentially make $100,000 or more.

Tue, July 27 at 7:00PM ET
 
 
 
 

BMY Sports Healthy Dividend, Growth Potential

Bristol-Myers Squibb (NYSE:BMY) — This leading drugmaker with a strong emphasis on cardiovascular and anti-infective and anti-cancer therapeutics just raised its dividend. The company has a long history of regular increases, and the latest brings its yield to 4.03%.

Earnings are expected to increase to $2.30 this year versus $1.79 in 2010. BMY has a strong pipeline of drugs that should sustain its growth for many years.

The consensus price objective for 2012 is $39.12, but technically the break from a base in September, and then again this week, yields a price objective of $42. Buy BMY at market.

Trade of the Day – Bristol-Myers Squibb (NYSE:BMY)
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Article printed from InvestorPlace Media, https://investorplace.com/2011/12/trade-of-the-day-bristol-myers-squibb-nyse-bmy/.

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