8 Ex-Dividend Stocks With Buy Ratings
NEW YORK (TheStreet) -- The following stocks go ex-dividend Tuesday, meaning an investor must purchase the shares Monday to qualify for the next dividend payment: Bristol-Myers Squibb(BMY) , Cisco Systems(CSCO) , Discover Financial Services(DFS) , Gap(GPS) , JPMorgan Chase(JPM) , Monsanto(MON) , Sysco(SYY) and Whole Foods Market(WFM) .
Each of the stocks received a buy rating from TheStreet Ratings.
Referring to Eliquis' action date, Leerink Swann analysts wrote in a March 1 report, "If BMY shares trade down >2% more than the market on this news, we'd be buyers ahead of a potential panel announcement given BMY's still-strong pipeline, likelihood of a best-in-class Eliquis label, and upcoming Phase II data at EASL for their NS5a inhibitor, SubQ Orencia vs. Humira data at EULAR, and most importantly, expanded Phase I/II data for anti-PD1 in various solid tumors at ASCO."
Forward Annual Dividend Yield: 4%
Rated "A- (Buy)" by TheStreet Ratings: The company's fourth-quarter gross profit margin was about the same as it was last year.
Bristol-Myers Squibb has average liquidity. Its Quick Ratio is 1.41, which shows the company can technically meet its short-term cash needs.
In the fourth quarter, stockholders' net worth increased 1.54% from the prior year.