It’s considered one of the best stocks to own for retirement… it appears 14% undervalued right now… and it’s going ex-dividend tomorrow. If you want to collect its next big dividend payout on November 1 (yields a safe 4.6%), then be sure to buy shares today.
This trade offers an opportunity to 1) capture an 11.3% annualized yield from Amgen without even owning the stock, or 2) buy shares at a 11.3% discount to what they’re trading for today.