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Amgen Inc. (AMGN): A Bull Case Theory
This article presents a bullish theory on Amgen Inc. (AMGN), based on an options trade involving the sale of put contracts, signaling confidence in the stock’s floor. The thesis is supported by Amgen’s strong Q4 performance, 2026 revenue guidance, growth in Repatha, and the potential of its obesity candidate MariTide. The current valuation, especially considering the options premium, suggests a compelling entry multiple for a diversified biotech leader.