Amgen Blows out 4th-Q with profits up 27%
The amount of wealth you can create in the right stocks is mind boggling. Another Pharma takes off giving investors 167% returns in the last 3 years. Basically, $100,000 invested in AMGN in Feb 2012 is now worth about $270,000. Maybe one can consider Kyprolis and Prolia as the culprits for Amgen’s rocket ship revenue, but then how would one explain a 31,000% move from January 1987? I’ll blame it all on excellent management and excellent execution with a dab of timing and luck.
SMZ
