From Yahoo Finance: 2025-04-28 17:04:00

In a recent article, we listed 10 stocks to watch as trade wars begin, including Bristol-Myers Squibb Company (NYSE:BMY). Market strategist Bill Strazzullo predicts a further 15% drop in the S&P 500, stating the market’s gains are exhausted. He recommends caution and waiting for better opportunities.

Strazzullo believes the market could fall to 4,500 to 4,100 before finding a bottom, emphasizing the exhaustion of pandemic-driven gains. He points to the rally from the March 2020 lows as a key driver and warns of a significant downward trend.

During a recent CNBC program, Jim Cramer recommended Bristol-Myers Squibb Co (NYSE:BMY) for dividends in the current economic environment. He suggests owning stable growers like BMY or Abbott Labs for dividend protection amid falling interest rates.

Despite its potential, BMY ranks 7th on our list of stocks to watch in the trade war era. Our focus is on under-the-radar AI stocks that offer higher potential returns in a shorter timeframe. For an AI stock with significant upside and trading at less than 5 times earnings, check out our report on the cheapest AI stock available.

Read more: Jim Cramer is Recommending This Dividend Stock With 5% Yield for ‘Good Protection’