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Could Amgen Stock Help You Become a Millionaire?


Healthcare company Amgen (NASDAQ: AMGN) has been a reliable investment to own over what has been a turbulent year for the broader market. Its stock price is up 6.6% in that time, outpacing the 3.2% performance of the S&P 500 during that stretch. It also provides investors with an above-average dividend, which currently yields 3.3%. But while it has been a stable buy, does the stock have the potential to help make you a millionaire?

For an investment to be millionaire-making, it needs to generate a good deal of growth. Investors are often captivated by growth stocks, after all, as they can rise quickly in value. And that's a potential concern for Amgen, as historically, the business struggled to generate much in the way of consistent sales growth.

AMGN Revenue (Quarterly YoY Growth) Chart

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Source Fool.com

Amgen Inc. Aktie

289,10 €
-1,15 %
Die Amgen Inc. Aktie rutscht heute ab, verliert -1,15 %.
Uneingeschränkte Unterstützung für Amgen Inc., ausschließlich Buy-Einschätzungen.
Ein Kursziel von 304 € für Amgen Inc. zeigt ein leicht positives Potenzial im Vergleich zum aktuellen Kurs von 289.1 €.
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