Can You Still Trust This Bull Market?

Is this bubble set to pop? Headlines say yes, but one market vet with a 15-year track record says not yet. A historic pattern is taking shape that could send $7.4 trillion pouring into select stocks, triggering a Melt Up that could run for years to come. You don't want to miss it.

BIIB
Biogen Inc
NASDAQ
175.3
Open 168.54 Prev Close 168.18
High 176.02 Low 167.42
Volume 2,268,169 Volume (Avg) 1,725
52 Week High 176.02 52 Week Low 110.04
Market Cap 25.7B PE Ratio 15.99

Shares Stats

Shares Outstanding146,700,000
Shares Float146,440,000
Shares Short5,640,000
Insider Holdings15%
Institution Holdings95.28%

About Biogen Inc

Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases in the United States, Europe, Germany, Asia, and internationally. The company provides TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, and TYSABRI for multiple sclerosis (MS); SPINRAZA for spinal muscular atrophy; SKYCLARYS to treat Friedreich's Ataxia; QALSODY for treating amyotrophic lateral sclerosis; FUMADERM to treat plaque psoriasis; BENEPALI, an etanercept biosimilar referencing ENBREL; IMRALDI, an adalimumab biosimilar referencing HUMIRA; FLIXABI, an infliximab biosimilar referencing REMICADE; BYOOVIZ, a ranibizumab biosimilar referencing LUCENTIS; and TOFIDENCE, a tocilizumab biosimilar referencing ACTEMRA. It offers RITUXAN to treat non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, two forms of ANCA-associated vasculitis, and pemphigus vulgaris; RITUXAN HYCELA for non-Hodgkin's lymphoma and CLL; GAZYVA to treat CLL and follicular lymphoma; OCREVUS for relapsing MS and primary progressive MS; LUNSUMIO to treat relapsed or refractory follicular lymphoma; glofitamab for non-Hodgkin's lymphoma; and other anti-CD20 therapies. In addition, the company is developing products for the treatment of MS, Alzheimer's disease and dementia, neuromuscular disorders, Parkinson's disease and movement disorders, neuropsychiatry, and biosimilars. Biogen Inc. has collaboration and license agreements with Merz Therapeutics; Alkermes Pharma Ireland Limited; Denali Therapeutics Inc.; Eisai Co., Ltd.; Genentech, Inc.; Neurimmune SubOne AG; Ionis Pharmaceuticals, Inc.; and Sage Therapeutics, Inc., as well as collaborations with Fujirebio to identify and develop biomarkers for tau pathology in the brain and Stoke Therapeutics, Inc. for the development and commercialization of zorevunersen, a disease modifying medicine for the treatment of Dravet syndrome. The company was founded in 1978 and is headquartered in Cambridge, Massachusetts.

General

NameBiogen Inc
TickerBIIB
ExchangeNASDAQ
SectorHealthcare
IndustryDrug Manufacturers - General
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees7,605

Highlights

Analyst Target179.73
Market Cap25,716,900,000
PE Ratio15.99
PEG Ratio6.24
EBITDA3,409,299,968

Financials

Curr Year EPS Estimate15.06
Next Quarter EPS Estimate3.38
Profit Margin16.60%
Operating Margin25.17
Return on Assets0.06
Return on Equity0.09
Revenue9.7B
Earnings Per Share10.97
Revenue Per Share68.82
Gross Profit7,706,800,128
Quarterly Revenue Growth0.03

Valuation

Trailing PE15.98
Forward PE10.76
Price/Sales (Trailing 12 Mt.)2.55
Price/Book (Most Recent Quarter)1.36

Earnings

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