Is Amgen a Buy?
Amgen (NASDAQ: AMGN) has made some investors really, really rich. Accounting for stock splits through the years, Amgen has delivered a return of close to 58,000%. An initial investment of $10,000 back in 1983 would now be worth in the ballpark of $5.9 million. And a big chunk of that gain has come in just the past 10 years.
Is Amgen still a stock that can make investors a lot of money in the future? Or is the big biotech past its prime?
Image source: Getty Images.
Source Fool.com
