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Amgen Inc. (AMGN): A Bull Case Theory

We came across a bullish thesis on Amgen Inc. (AMGN) on Disruptive analytics’ Substack by Magnus Ofstad. In this article, we will summarize the bulls’ thesis on AMGN. Amgen Inc. (AMGN)'s share was trading at $280.07 as of Nov 27th. AMGN’s trailing and forward P/E were 35.77 and 13.57 respectively according to Yahoo Finance.

[caption id="attachment_1238804" align="aligncenter" width="768"] A close up of a lab technician in a protective suit, working with cells in a petri dish to develop innovative therapeutics for immune-related diseases.[/caption]

Amgen (AMGN) presents a...