A study of analyst recommendations at the major brokerages shows that Amgen Inc (Symbol: AMGN) is the #17 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Despite being ranked lower than the median among analyst picks of the Dow, Amgen Inc ranks better than the median among analyst picks for the broader S&P 500 index components, claiming the #198 spot out of 500.
Below is a chart of rank over time:
AMGN operates in the Biotechnology sector, among companies like Thermo Fisher Scientific Inc (TMO) which is up about 1.5% today, and Gilead Sciences Inc (GILD) trading up by about 1.8%. Below is a three month price history chart comparing the stock performance of AMGN, versus TMO and GILD.
AMGN is currently trading up about 2.2% midday Tuesday.
The Top 15 Broker Darlings of the Dow: Current Top Analyst Picks »
Also see:
Metals Channel
Institutional Holders of ITDI
BDCs Trading Below NAV
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
www.nasdaq.com