Monday, June 16, 2014

The Motley Fool: 3 Undervalued Amgen Growth Opportunities to Watch

Amgen (NASDAQ: AMGN  ) hasn't put as many eggs into the megablockbuster basket as Merck or Bristol-Myers Squibb, nor has it sought to utterly dominate a therapeutic area the way Biogen Idec may dominate MS. What Amgen does offer, though, is a deep pipeline that goes well beyond the much-discussed PCSK9 cholesterol market. Biosimilar risk is a real threat to the current marketed portfolio, and Amgen does not have much to offer within the hot immuno-oncology sector. Less-appreciated opportunities in psoriasis and migraine could offer upside as analysts start working those into their models, though.

Read the full article here:
3 Undervalued Amgen Growth Opportunities to Watch

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