Trade-Ideas: Amgen (AMGN) Is Today's Post-Market Leader Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Amgen ( AMGN) as a post-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Amgen as such a stock due to the following factors:

  • AMGN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $409.6 million.
  • AMGN is up 2.8% today from today's close.

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More details on AMGN:

Amgen Inc., a biotechnology company, discovers, develops, manufactures, and delivers human therapeutics in the areas of oncology, hematology, inflammation, bone health, nephrology, cardiovascular, and general medicine worldwide. The stock currently has a dividend yield of 2%. AMGN has a PE ratio of 19.9. Currently there are 7 analysts that rate Amgen a buy, no analysts rate it a sell, and 9 rate it a hold.

The average volume for Amgen has been 3.0 million shares per day over the past 30 days. Amgen has a market cap of $93.0 billion and is part of the health care sector and drugs industry. The stock has a beta of 0.37 and a short float of 1.3% with 2.59 days to cover. Shares are up 7.5% year-to-date as of the close of trading on Monday.

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