$AMGN had a tough second half of 2021 losing over 20% through the end of the year.
I absolutely love starting/adding to positions in companies that have been beaten down in the short term but still maintain strong dividends and a healthy balance sheet. Doing this makes your yield on cost look very attractive and sooner or later the price will revert to the mean giving you capital appreciation. My position is now at a 17.3% gain after just a few months of buying and holding 🔥
Buy low and rake in the divvies!