Added to YB: 2024-11-25
Pitch date: 2024-11-23
AMGN [bullish]
Amgen Inc.
+11.76%
current return
Author Info
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Company Info
Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. The company’s principal products include Enbrel for the treatment of rheumatoid arthritis, plaque psoriasis, and psoriatic arthritis; Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet’s disease; Prolia to treat postmenopausal women with osteoporosis; XGEVA for skeletal-related events prevention; Repatha, which reduces the risks of myocardial infarction, stroke, and coronary revascularization; Nplate for the treatment of patients with immune thrombocytopenia; KYPROLIS to treat patients with relapsed or refractory multiple myeloma; Aranesp to treat a lower-than-normal number of red blood cells and anemia; EVENITY for the treatment of osteoporosis in postmenopausal for men and women; Vectibix to treat patients with wild-type RAS metastatic colorectal cancer; BLINCYTO for the treatment of patients with acute lymphoblastic leukemia; TEPEZZA to treat thyroid eye disease; and KRYSTEXXA for the treatment of chronic refractory gout.
Market Cap
$171.1B
Pitch Price
$284.30
Price Target
400.00 (+26%)
Dividend
3.17%
EV/EBITDA
12.96
P/E
24.57
EV/Sales
6.01
Sector
Biotechnology
Category
value
2025: Top Three Picks - Amgen Inc.
AMGN: Pharma stocks down on Trump/RFK fears, but overreaction. Amgen undervalued with potential in obesity drug MariTide. Success case: $350-$400 target. Failure case: $300-$350. Strong pharma lobby likely to counter RFK's influence. Volatility presents buying opportunity.
Read full article (2 min)