I'm Waiting Till The Carnage In Biotech Stocks Subsides To Buy …

SummaryThere has definitely been a sector rotation out of biotech stocks and into the consumer goods names that pay high dividend yields.
Amgen remains fairly valued based on 2015 earnings estimates.
The dividend is small but investors received a 29.5% increase to the dividend in the next quarter.
The last time I analyzed Amgen Inc. (NASDAQ:AMGN) on November 25, 2014, I stated, “More […]

Wall St. flat after Japan, China data; biotechs climb

U.S. stocks were little changed on Monday, as investors weighed the strength of the U.S. economy against global growth concerns following soft data out of China and Japan, while biotechs rose on merger activity.Major indexes opened slightly lower after data showed China’s exports grew at a slower-than-expected pace and imports dropped 6.7 percent in November, while Japan’s economy shrank more […]