John O'Connell, CFAAmgen Inc.AMGNCOMMENTMay 03, 2016

Extremely well run, innovative. Not expensive, well less than 20x forward PE. Interesting work in biosimilars. His team doesn't have an "edge" in the biotech space, so they'd rather own something like this via an ETF. Nice dividend. If you own it, keep holding.

In the healthcare space, biotech offers more promise than pharma. 

Is really undervalued here and the technicals look great.

Was upgraded today. A leader and gives you exposure in large-cap biotech.

Their pipeline, good earnings and maybe good news about its weight loss drug could send this higher.  It reports Tuesday.

Really likes it. Breaking out to new highs. He'd be a buyer. Next upside resistance is around the $400 level.

He's been talking to their US sales team about biotech and healthcare in general. If they're correct on the broader market call, then biotech should outperform some of the more defensive areas in healthcare into 2027.

Is priced well. They have 15 compounds approved that saw double-digit sales increases.

They have 15 of their products growing at double-digits last quarter. Their GLP-1 drug is in phase 3 testing, not yet on the market. Stable management. Pays an outsized dividend.

They have 15 of their products growing at double-digits last quarter. Their GLP-1 drug is in phase 3 testing, not yet on the market. Stable management. Pays an outsized dividend.

They have 15 of their products growing at double-digits last quarter. Their GLP-1 drug is in phase 3 testing, not yet on the market. Stable management. Pays an outsized dividend.

It is a biotech company and its pipeline was aging. Like other drug companies it has gone out and built new or rebuilt its pipeline for new drugs. It is interesting and he likes it but it is not his favourite in the space.

Up 20% from its late-September lows and 12% the past 3 months. Last week, they reported a blowout quarter and this past weekend reporting promises results for their cholesterol drug

They delivered a good quarter last night and some good medicines, but they need to tell a better story and need to do something. Are few biotechs he'd buy now apart from Eli Lilly.

Beaten up a bit, as has the whole space by the Trump administration. Chart shows fantastic trend. Came off a bit, but finding its legs at the lower part of the channel. Hint: on a down day, what goes down less than the market is usually (not always) where the action might come from first. 

These guys look at the hard diseases with unmet needs. Executes really well. Fantastic pipeline, and that's what the drug companies are all about. The most money is made buy sitting on your hands; once you take your initial position, just sit back, and in 10 years, you'll be a happy investor. Yield is 3.23%.

One of the oldest biotech companies in the world. Very big portfolio of products. Revenue last quarter up 9%, with 15 products that have double-digit revenue growth in that quarter. Over 20% growth in earnings. Trading ~13x PE. 

"Sizzle" is with GLP-1 product (injection, but only once per month) in phase 3 testing and likely coming to market in 2027. Potential game-changer. Yield is 3.46%.