Amgen (AMGN) concluded the recent trading session at $331.29, signifying a +0.1% move from its prior day's close.
Biotech stocks to buy can be an interesting sector for investors. They can provide massive gains following positive news regarding clinical trials or FDA approvals.
Amgen (AMGN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Amgen currently continues its pattern of quarterly dividend increases. Furthermore, Amgen demonstrated product-sales growth in the first quarter.
Amgen (AMGN) reachead $330.83 at the closing of the latest trading day, reflecting a +1.77% change compared to its last close.
Recently, Zacks.com users have been paying close attention to Amgen (AMGN). This makes it worthwhile to examine what the stock has in store.
You don't get upset for having homeowner's insurance but your house doesn't burn down. The same principle should apply to investors who insure their stock portfolios against a crash.
With technology-driven growth stocks propelling the S&P 500 to new heights, dividend stocks have often found themselves playing catch-up. Yet, even in this market environment, some dividend-paying companies have managed not only to keep pace, but also beat the index by a significant margin.
Amgen shares have outperformed IBB by over 40% in the past year, driven higher by a major surge post-earnings in May. With a current price-to-earnings multiple in the mid-teens, I assert that solid and consistent EPS growth ahead warrants a higher valuation. AMGN's chart is also impressive, with a long-term uptrend in place.
Amgen is much cheaper than Eli Lilly. Vertex Pharmaceuticals has several major growth drivers.
Amgen has maintained an impressive dividend streak over the past decade. The company's business should allow it to maintain this momentum for a while.
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