Why Is Amgen Such a Good Pick?
But more important than Amgen’s rise are the lessons you can learn about how to spot these companies before they make their moves — and buy in with a chance at huge gains. As Jones says, some of his picks are based on companies that were stellar long-term investments, while others were selected based on bigger short-term gains — where investors would have needed to time the market well to see the larger profits. His goal was to select times in history when companies began displaying signs of strength and growth that would be visible to the average investor — not just a small group of insiders. So you should be able to apply the same criteria to your own picks. Then you will see how some of your prospective “buys” stack up against history… Since Amgen was a fledgling small-cap biotech, it was susceptible to big price changes after even small news regarding the company was released. In the late 1980s, “most of the news was good, lifting Amgen’s stock price, giving it a market capitalizat
