Bristol-Myers Squibb Company (BMY): Today's Featured Drugs Winner

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Bristol-Myers Squibb Company ( BMY) pushed the Drugs industry higher today making it today's featured drugs winner. The industry as a whole closed the day up 2.2%. By the end of trading, Bristol-Myers Squibb Company rose $1.79 (3.6%) to $52.12 on average volume. Throughout the day, 11,050,021 shares of Bristol-Myers Squibb Company exchanged hands as compared to its average daily volume of 8,256,800 shares. The stock ranged in a price between $50.62-$52.17 after having opened the day at $50.90 as compared to the previous trading day's close of $50.33. Other companies within the Drugs industry that increased today were: Ohr Pharmaceutical ( OHRP), up 15.9%, Cara Therapeutics ( CARA), up 15.5%, Aoxing Pharmaceutical Company ( AXN), up 15.3% and Galectin Therapeutics ( GALT), up 14.7%.

Bristol-Myers Squibb Company, a biopharmaceutical company, discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products that help patients prevail over serious diseases worldwide. Bristol-Myers Squibb Company has a market cap of $80.6 billion and is part of the health care sector. Shares are down 5.3% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Bristol-Myers Squibb Company a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Bristol-Myers Squibb Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Reliv' International ( RELV), down 9.2%, Prana Biotechnology ( PRAN), down 7.9%, Sunesis Pharmaceuticals ( SNSS), down 5.4% and Chembio Diagnostics ( CEMI), down 5.3%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the drugs industry could consider SPDR S&P Pharmaceuticals ETF ( XPH) while those bearish on the drugs industry could consider ProShares UltraShort Nasdaq Biotech ( BIS).

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