Is Bristol-Myers Squibb Company (BMY) the Best Stock That Will Always Grow?

From Yahoo Finance: 2025-04-23 10:20:00

In a recent article, Insider Monkey listed the “10 Best Stocks That Will Always Grow.” Bristol-Myers Squibb Company (NYSE: BMY) is highlighted among these top-performing stocks.

CNBC’s quarterly CFO Council Survey for Q1 2025 indicates that a majority of CFOs predict a recession in H2 2025 due to Trump’s tariffs and economic uncertainty. They expressed pessimism about the economy and stock market, citing policy disruptions.

Fed Chair Jerome Powell addressed economic concerns, noting the challenge of balancing economic growth and inflation. He emphasized uncertainty in the Fed’s focus and interest rate adjustments.

JPMorgan’s Joyce Chang believes there is a 60% risk of recession despite Trump’s tariff delays. Stagflation risks are real, with inflation expected to rise to 4% and growth to remain flat.

Given the volatile market conditions and recession risks, it’s essential to explore the 10 best stocks that could grow consistently, even during an economic downturn.

Bristol-Myers Squibb Company (BMY) is a biopharmaceutical firm known for developing advanced medicines across various therapeutic areas. It exceeded analyst expectations in Q4 2024 with strong earnings and revenue growth.

BMY boasts a solid dividend growth record, free cash flow, and a robust drug portfolio, positioning it for long-term success. It ranks sixth on the list of top stocks to buy for consistent growth.

While BMY shows promise as an investment, some AI stocks may offer higher returns in a shorter timeframe. Consider exploring opportunities in the AI sector for potential gains.



Read more at Yahoo Finance: Is Bristol-Myers Squibb Company (BMY) the Best Stock That Will Always Grow?