Apollo_CB

BMY value play breakout

Panjang
BATS:BMY   Bristol-Myers Squibb Company
BMY is one of my more recent value additions to the stock portfolio, I was able to snag this around the lows and the stock is breaking out today. Value will have its day and a few stocks are already moving. Once you obtain a certain net worth, safety becomes more important than just flat out growth and performance.

-Short-term 55$ target remains
-60.8$ is my target for the year
-15-20% performance on a value play is substantial, and this does not include the dividend which will become attractive as yields being to drop

Penafian

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