Bristol-Myers Squibb Co

Searching for value in the battered biotech sector, which may not have hit bottom yet
Health

Searching for value in the battered biotech sector, which may not have hit bottom yet

Investors have been laser-focused on profit-producing companies, which has left companies in their pre-revenue stage on the sidelines. As a result, a growing number of biotech stocks are now trading below the value of the cash on their balance sheets. Over the past year, the SPDR S & P Biotech ETF is down nearly 44%, […]

Read More
Stocks making the biggest moves premarket: Turning Point Therapeutics, Lululemon, RH and others
Finance

Stocks making the biggest moves premarket: Turning Point Therapeutics, Lululemon, RH and others

Check out the companies making headlines before the bell: Turning Point Therapeutics (TPTX) – The biopharmaceutical company’s shares more than doubled in premarket trading after agreeing to be acquired by Bristol Myers Squibb (BMY) for $76 per share in cash, or $4.1 billion. Turning Point specializes in cancer treatments. Lululemon (LULU) – Lululemon shares rose […]

Read More
Find stability in this turbulent market – and a cash payout – with these stocks
World

Find stability in this turbulent market – and a cash payout – with these stocks

Markets have logged wild swings in recent weeks and the new month kicked off Wednesday in similar fashion. But even in an unpredictable market, several companies are well-positioned to offer a good dividend payout and low volatility. Stocks are grappling with a murky start to the year as the Federal Reserve hikes rates and shrinks […]

Read More
When the market was tanking, these stocks were hitting all-time highs and could go even higher
Health

When the market was tanking, these stocks were hitting all-time highs and could go even higher

While market losses were racking up, this group of stocks was breaking out to all-time highs and looks set for even more gains. The group is Big Pharma. It’s been long viewed as stodgy by investors looking for quicker price gains. Recently, however, as other stocks slid, these companies have become more attractive because of […]

Read More
How this large-cap value fund added inflation protection to beat the market in 2022
Business

How this large-cap value fund added inflation protection to beat the market in 2022

Energy, basic materials and healthcare drove outperformance this year for J.P. Morgan’s large-cap value fund. Source

Read More
Stocks making the biggest moves premarket: Robinhood, Amazon, Apple, Roku and more
Business

Stocks making the biggest moves premarket: Robinhood, Amazon, Apple, Roku and more

Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Check out the companies making headlines in premarket trading Friday. Apple — Apple’s stock price dipped 2% after […]

Read More