Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / CELG - Is Amgen Really as Cheap as It Looks?

CELG - Is Amgen Really as Cheap as It Looks?

Celgene Corporation

You might have run across headlines in recent months about how Amgen (NASDAQ: AMGN) is too cheap of a stock to ignore. I've seen several articles that trumpeted the big biotech's attractive valuation.

If you look at Amgen's forward price-to-earnings (P/E) ratio of 12.4, the stock indeed does appear to be trading at an appealing valuation. But is Amgen really as cheap as it looks? I don't think so.

Image source: Getty Images.

Continue reading
Stock Information
Company Name: Celgene Corporation
Stock Symbol: CELG
Market: NASDAQ
Menu
CELG CELG Quote CELG Short CELG News CELG Articles CELG Message Board
Get CELG Alerts

News, Short Squeeze, Breakout and More Instantly...