Amgen products include the following:
- Enbrel to treat plaque psoriasis, rheumatoid arthritis and psoriatic arthritis
- Neulasta reduces the chance of infection due a low white blood cell count in patients with cancer
- Prolia to treat postmenopausal women with osteoporosis
- Xgeva for skeletalelated events prevention
- Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis and oral ulcers associated with Behcet’s disease
- Aranesp to treat a lower-than-normal number of red blood cells and anemia
- Kyprolis to treat patients with relapsed or refractory multiple myeloma
- Repatha, which reduces the risks of myocardial infarction, stroke and coronary revascularization
Shareholders receive a 3.22% dividend. Oppenheimer’s $290 target price is well above the $253.17 consensus target. The final Amgen stock trade for Monday was at $240.51.
Bristol-Myers Squibb
This top company remains a solid pharmaceutical stock to own long-term. Bristol Myers Squibb Co. (NYSE: BMY) discovers, develops, licenses, manufactures and markets pharmaceutical products worldwide in the hematology, oncology, cardiovascular and immunology therapeutic classes.
Its products include the following:
- Revlimid, an oral immunomodulatory drug for the treatment of multiple myeloma
- Opdivo for anti-cancer indications
- Eliquis, an oral inhibitor targeted at stroke prevention in adult patients with non-valvular atrial fibrillation, and the prevention and treatment of venous thromboembolic disorders
- Orencia for adult patients with active RA and prostate-specific antigen, as well as reducing signs and symptoms in pediatric patients with active polyarticular juvenile idiopathic arthritis
- Sprycel for the treatment of Philadelphia chromosome-positive chronic myeloid leukemia
- Yervoy for the treatment of patients with unresectable or metastatic melanoma
- Abraxane, a protein-bound chemotherapy product
- Reblozyl for the treatment of anemia in adult patients with beta thalassemia
Bristol-Myers Squibb stock comes with a 3.23% dividend. The J.P. Morgan price target is $85, and the consensus target is $81.44. Shares closed over 6% lower on Monday at $66.75, after a trial for a stroke drug showed mixed results.
CVS Health
This is a top stock that has remained strong despite recent stock market weakness. CVS Health Corporation (NYSE: CVS) is one of the largest healthcare companies in the United States, providing retail, mail, and specialty pharmacy dispensing services and pharmacy benefits. CVS has become one of the most vertically integrated publicly traded healthcare companies.
CVS serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans (PDPs), Medicaid managed care plans, plans offered on public health insurance and private health insurance exchanges, other sponsors of health benefit plans, and individuals. This segment operates retail specialty pharmacy stores; and specialty mail order, mail order dispensing, and compounding pharmacies, as well as branches for infusion and enteral nutrition services.
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