AMGN Strong Hands

The company AMGN, a biotech company, seems to be going stronger than ever. Highlighted on Jim Cramer's Mad Money, he seems confident in the stock's ability to produce results. Even after the thorough bashing the company took on 60 Minutes this Sunday, the stock still managed to open strong and rally up a pt within the first hour of the next morning.

You can read more about the 60 Minutes investigation here. As you can see from the article, the show made Amgen out to be quite the monster with no shortage of criticisms, yet the stock still managed to remain for the most part unchanged. Moral issues aside, this shows that investors in this company aren't easily shaken and that there must be some underlying strength to this stock. Keep a close eye on this one.