1. Amgen's stock is currently fairly valued at 16.6x next year's earnings, supported by strong existing revenue growth and a diversified product portfolio. 2. New products like Blincyto, Tezspire, and Tepezza are driving significant revenue growth, validating recent share price appreciation. 3. MariTide, Amgen's GLP-1 candidate, offers potential upside due to its long-lasting effects and less frequent dosing, potentially addressing current market shortages.
Related Articles
- Pfizer Stock: A Golden Buying Opportunity (Rating Upgrade)11 months ago
- Pfizer: A Strong Product Pipeline Could Lead To Significant Upsideabout 1 year ago
- Pfizer Is Trading As If It's 2009 Again7 months ago
- The Unraveling Of DNA Company 23andMe7 months ago
- Pfizer Stock's Upside Got Bigger9 months ago
- Hims & Hers: Potential Risks Ahead, But Shorting May Be Premature9 months ago
- Novo Nordisk: Be Greedy When Others Are Fearful10 months ago
- Janus Henderson Global Life Sciences Diversified ADR Managed Account Q3 2024 Commentary11 months ago
- Revisiting Illuminaabout 1 year ago
- Regeneron: Long-Term Defensive Investmentabout 1 year ago