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Amgen Inc. (AMGN): A Bull Case Theory 

We came across a bullish thesis on Amgen Inc. on Disruptive analytics’s Substack by Magnus Ofstad. In this article, we will summarize the bulls’ thesis on AMGN. Amgen Inc.'s share was trading at $325.54 as of January 12th. AMGN’s trailing and forward P/E were 25.18 and 14.79 respectively according to Yahoo Finance.

[caption id="attachment_522048" align="aligncenter" width="611"] Copyright: lightwise / 123RF Stock Photo[/caption]

Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide and has seen a steady recovery in 2025, with shares...