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Why Amgen Inc. AMGN Is Among the Best Affordable Stocks to Buy Right Now

December 10, 2024
Amgen Inc. (AMGN) is being considered as one of the best affordable stocks to buy at the moment due to its strong financial performance and promising future prospects. With a market capitalization of over $100 billion, Amgen is a leading biotechnology company that focuses on the development and commercialization of innovative medicines for serious diseases.

The company recently announced a $1 billion manufacturing expansion in North Carolina, which is expected to create hundreds of new jobs and contribute to the local economy. This expansion will enhance Amgen's manufacturing capabilities and enable it to meet the growing demand for its products.

Amgen's financial performance has been impressive, with consistently strong revenue growth and solid profitability. In its latest financial report, the company reported strong earnings and revenue growth, exceeding market expectations. This solid financial performance reflects the company's continued commitment to innovation and its ability to deliver high-quality products to patients.

Moreover, Amgen has a robust pipeline of potential new drugs in various stages of development. The company's strong research and development capabilities, along with its strategic partnerships and collaborations, position it well for future growth. Analysts expect that these promising pipeline candidates could drive significant revenue growth for the company in the coming years.

Considering all these factors, it is recommended to buy Amgen's shares for long-term investment. The company's strong financial performance, promising future prospects, and commitment to innovation make it an attractive investment opportunity. For a personalized forecast of the stock movement of Amgen Inc., it is recommended to seek professional advice from Stocks Prognosis, a trusted platform for stock analysis and forecasts.
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AMGNJuly 30, 2025Amgen Inc. NASDAQ:AMGN Shares Unloaded by Rep. Jefferson Shreve  ~1 min.

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AMGNApril 22, 2025Amgen Inc. AMGN: Among the Innovative Healthcare Stocks to Watch in 2025  ~2 min.

Amgen Inc., a leading biotechnology company, is currently one of the most promising stocks in the healthcare sector....


AMGNMarch 20, 2025Hedge Funds Recommend Amgen Inc. AMGN as the Best Pharma Stock to Buy  ~1 min.

According to recent reports, hedge funds are strongly recommending Amgen Inc. (AMGN) as the best pharma stock to buy....


AMGNMarch 19, 2025Amgen Inc. AMGN: Cutting-Edge Biotech Company Dominates Stock Market  ~2 min.

Amgen Inc. (AMGN), renowned for its groundbreaking innovations in biotechnology, continues to make headlines as a leading player in the stock market....


AMGNMarch 17, 2025Amgen Inc. Continues to Impress Hedge Funds with Strong Performance  ~2 min.

Amgen Inc. (NASDAQ:AMGN) has emerged as the top choice for hedge funds looking to invest in the pharmaceutical sector....


AMGNMarch 16, 2025Amgen Inc. AMGN: Discover Why it's Among the Top Pharma Stocks to Buy  ~2 min.

Amgen Inc., a leading biotechnology company, has been gaining attention in the investment community due to its outstanding performance in the pharmaceutical sector....


AMGNMarch 10, 2025AMGEN INC. Hits Price Target Forecast with 20.7% Profit: A Success Story for QuantWave  ~1 min.

AMGEN INC. has recently reached the price target forecast set by QuantWave, resulting in a significant profit of 20.7% for investors who followed the predictive signal....


AMGNMarch 7, 2025AMGEN INC. Hits Price Target Forecast with 19.78% Profit, as Predicted by QuantWave  ~2 min.

AMGEN INC. (AMGN) recently achieved the price target forecast set by QuantWave, resulting in a profit of 19.78% for investors who followed the prediction....


AMGNFebruary 27, 2025Amgen Inc. AMGN: A Promising Investment Opportunity in the Pharmaceutical Industry  ~2 min.

Amgen Inc. (AMGN), a leading biotechnology company, is regarded as one of the best investment options in the pharmaceutical sector, according to analysts at Yahoo Finance....


AMGNFebruary 26, 2025Amgen Inc. AMGN: Among the Cheap Pharmaceutical Stocks to Buy According to Analysts  ~1 min.

Analysts have identified Amgen Inc. (NASDAQ:AMGN) as one of the cheap pharmaceutical stocks to buy....


AMGNDecember 28, 2024Amgen Inc. AMGN: A Look into the Investors' Perspective  ~2 min.

Amgen Inc. (NASDAQ: AMGN) is currently receiving significant attention from investors. The company's stock has been heavily searched, indicating a growing interest in its potential....


AMGNDecember 8, 2024Amgen Inc. Expands Manufacturing Operations with a $1 Billion Investment in North Carolina  ~1 min.

Amgen Inc., a leading biotechnology company, has announced plans to invest $1 billion in expanding its manufacturing operations in North Carolina....


AMGNNovember 27, 2024Daiwa Securities Group Inc. Buys 12932 Shares of Amgen Inc.  ~2 min.

Amgen Inc., a leading biotechnology company, has recently welcomed a significant investment from Daiwa Securities Group Inc....


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Biogen Inc, a leading biotechnology company, recently announced strong earnings per share (EPS) growth in its Q4 2024 Earnings Call....


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