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Stock impact report

Jeff Reeves's Strength in Numbers: 5 biotech stocks that could be the next big winners [MarketWatch]

Bristol-Myers Squibb Company (BMY) 
Last bristol-myers squibb company earnings: 2/6 07:05 am Check Earnings Report
US:NYSE Investor Relations: bms.com/investors.html
Company Research Source: MarketWatch
Opinion: 5 biotech stocks that could be the next big winners Biotech stocks are some of the most exciting investments on Wall Street. When one company develops a successful treatment for a complex condition, shares can surge overnight and attract buyout interest from Big Pharma. But when a drug trial fails, it can go down in flames. Case in point: Biotech giant Biogen BIIB, -4.48% imploded roughly 30% on Thursday after announcing it is canceling its Alzheimer’s drug efforts after poor drug trials. It fell again on Friday. For those skittish of that kind of lurch, there are a few ETFs to diversify your investment and smooth out some of the bumps. The $8.2 billion iShares Nasdaq Biotechnology ETF IBB, -3.39% and the $4.4 billion SPDR S&P Biotech ETF XBI, -4.42% are the two most popular. However, the iShares ETFis up only about 4% in the last 12 months and the SPDR ETF is up only 2% while the broader S&P 500 SPX, -1.90% has a return of 8% in the same period — so diversificati Show less Read more
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