What Is Nvidia's New $1 Trillion Superproject?

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

Bristol-Myers Squibb Company
NYSE:BMY
$40.46
Open 41.26 Prev Close 40.45
High 41.35 Low 40.41
Volume 18,267,092 Volume (Avg) 14,740,343
52 Week High 67.16 52 Week Low 44.35
Market Cap 139.6B PE Ratio -13.62

General

NameBristol-Myers Squibb Company
TickerBMY
ExchangeNYSE
SectorHealthcare
IndustryDrug Manufacturers-General
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees30,250

About Bristol-Myers Squibb Company

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, and markets biopharmaceutical products worldwide. The company offers products in hematology, oncology, cardiovascular, and immunology therapeutic classes. Its products include Revlimid, an oral immunomodulatory drug for the treatment of multiple myeloma; Opdivo for anti-cancer indications; Eliquis, an oral inhibitor indicated for the reduction in risk of stroke/systemic embolism in NVAF, and for the treatment of DVT/PE; and Orencia for adult patients with active RA and psoriatic arthritis, as well as reducing signs and symptoms in pediatric patients with active polyarticular juvenile idiopathic arthritis. The company also provides Sprycel for the treatment of Philadelphia chromosome-positive chronic myeloid leukemia; Yervoy for the treatment of patients with unresectable or metastatic melanoma; Abraxane, a solvent-free protein-bound chemotherapy product; mpliciti for the treatment of multiple myeloma; and Reblozyl for the treatment of anemia in adult patients with beta thalassemia. In addition, it offers Onureg for the continued treatment of adult patients with AML; Zeposia to treat relapsing forms of multiple sclerosis; Vidaza for the treatment of myelodysplastic syndrome subtypes; Baraclude, an oral antiviral agent for the treatment of chronic hepatitis B; and Breyanzi, a CD19-directed genetically modified autologous T cell immunotherapy for the treatment of adult patients with relapsed or refractory large B-cell lymphoma. The company sells products to wholesalers, distributors, pharmacies, retailers, hospitals, clinics, and government agencies. It has collaboration agreements with Pfizer, Inc.; Otsuka Pharmaceutical Co., Ltd.; Ono Pharmaceutical Co., Ltd.; and Nektar Therapeutics. The company was formerly known as Bristol-Myers Company and changed its name to Bristol-Myers Squibb Company in 1989. Bristol-Myers Squibb Company was founded in 1887 and is headquartered in New York, New York.

Highlights

Analyst Target75.13
Market Cap139,649,122,304
PE Ratio-13.62
PEG Ratio5.97
EBITDA18,183,999,488

Valuation

Trailing PE93.81
Forward PE8.24
Price/Sales (Trailing 12 Mt.)3.30
Price/Book (Most Recent Quarter)3.68

Technicals

Beta0.62
52 Week High67.16
52 Week Low44.35
50 Day Average61.04
200 Day Average61.39

Dividend

Bristol-Myers Squibb Company pays out a dividend of $1.84 per share, with a dividend yield of 5.57%.

BMY's last dividend payment was made to shareholders on May 3, 2021.

They pay out 29.19% of their earnings out as a dividend.

Recent Dividends

May 1, 2024$0.60
Feb 1, 2024$0.60
Nov 1, 2023$0.57
Aug 1, 2023$0.57
May 1, 2023$0.57
Feb 1, 2023$0.57
Nov 1, 2022$0.54
Aug 1, 2022$0.54
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