Top 15 Low Volatility Healthcare Stocks to Buy Now

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11. Amgen Inc. (NASDAQ:AMGN)

Beta: 0.48

Number of Hedge Fund Holders: 69

Amgen Inc. (NASDAQ:AMGN) is one of the top low volatility healthcare stocks to buy now. On July 23, BofA analyst Tim Anderson reiterated a Sell rating on Amgen Inc. (NASDAQ:AMGN) with a $261.00 price target.

Anderson reasoned that Amgen Inc. (NASDAQ:AMGN) stock is trading at a premium in comparison to its peers despite the modest growth in revenue and EPS estimates for the coming years, which shows that the market may have already priced in these improvements.

He supported the cautious outlook with the higher expected R&D expenses and policy uncertainties, even in the backdrop of positive developments such as FX adjustments and script trends for key products.

Anderson believes that while the future growth is positive, it is expected to be average, which fails to justify the current premium valuation.

Amgen Inc. (NASDAQ:AMGN) is a biotechnology company that discovers, develops, manufactures, and markets human therapeutics. It delivers new therapies for patients with complex cancers, especially in areas with significant unmet needs.

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