A diary of the thought process behind my investment decisions
Adding and Subtracting
I added a bit to my Amgen position today and subtracted from Gilead. From a valuation standpoint I believe they are now equally valued. I still prefer Gilead because of the large share repurchase plan and the outside chance of a takeover.
1 comment:
Why do you think AMGN trades at such an apparently cheap multiple?
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