According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best general drug manufacturer stocks to buy right now are:
1. Abbvie (NYSE:ABBV)
Abbvie (NYSE:ABBV) is the #1 top general drug manufacturer stock out of 20 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
Learn more.
The Component Grade breakdown for Abbvie (NYSE:ABBV) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: A, Financials: B, and AI: C.
Abbvie (NYSE:ABBV) has a Due Diligence Score of 31, which is -7 points lower than the general drug manufacturer industry average of 38. Although this number is below the industry average, our proven quant model rates ABBV as a "A".
ABBV passed 11 out of 38 due diligence checks and has average fundamentals. Abbvie has seen its stock return 6.6% over the past year, underperforming other general drug manufacturer stocks by -15 percentage points.
Abbvie has an average 1 year
price target of $253.06, an upside of 11.15% from Abbvie's current stock price of $227.68.
Abbvie stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Abbvie, 56.25% have issued a Strong Buy rating, 25% have issued a Buy, 18.75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Bristol Myers Squibb Co (NYSE:BMY)
The Component Grade breakdown for Bristol Myers Squibb Co (NYSE:BMY) is: Value: A, Growth: C, Momentum: C, Sentiment: C, Safety: A, Financials: B, and AI: C.
Bristol Myers Squibb Co (NYSE:BMY) has a Due Diligence Score of 46, which is 8 points higher than the general drug manufacturer industry average of 38.
BMY passed 16 out of 38 due diligence checks and has strong fundamentals. Bristol Myers Squibb Co has seen its stock lose -2.49% over the past year, underperforming other general drug manufacturer stocks by -24 percentage points.
Bristol Myers Squibb Co has an average 1 year
price target of $62.00, an upside of 3.37% from Bristol Myers Squibb Co's current stock price of $59.98.
Bristol Myers Squibb Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Bristol Myers Squibb Co, 38.46% have issued a Strong Buy rating, 7.69% have issued a Buy, 46.15% have issued a hold, while 0% have issued a Sell rating, and 7.69% have issued a Strong Sell.
3. Gilead Sciences (NASDAQ:GILD)
Gilead Sciences (NASDAQ:GILD) is the #3 top general drug manufacturer stock out of 20 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
Learn more.
The Component Grade breakdown for Gilead Sciences (NASDAQ:GILD) is: Value: A, Growth: C, Momentum: B, Sentiment: C, Safety: B, Financials: A, and AI: C.
Gilead Sciences (NASDAQ:GILD) has a Due Diligence Score of 58, which is 20 points higher than the general drug manufacturer industry average of 38.
GILD passed 21 out of 38 due diligence checks and has strong fundamentals. Gilead Sciences has seen its stock return 27.59% over the past year, overperforming other general drug manufacturer stocks by 6 percentage points.
Gilead Sciences has an average 1 year
price target of $153.79, an upside of 5.33% from Gilead Sciences's current stock price of $146.00.
Gilead Sciences stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Gilead Sciences, 71.43% have issued a Strong Buy rating, 14.29% have issued a Buy, 14.29% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.