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Amgen Is Quietly Crushing the Dow and Nobody Is Talking About It
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1 Articles
Amgen Is Quietly Crushing the Dow and Nobody Is Talking About It
While everyone obsesses over Nvidia’s latest earnings and the AI selloff carnage, Amgen has been on a tear that would make most tech stocks jealous. The biotech giant is up 17% year-to-date, outperforming the Dow’s measly 2.3% return by a factor of seven. And the best part? The story is just getting started. Amgen’s Q4 earnings in early February set the tone. Revenue came in at $9.9 billion with adjusted EPS of $5.29 — both beating estimates. Ma…
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