Can This Healthcare Stock Keep Going After a Nearly 70% Surge?

Core Insights - Amneal Pharmaceuticals (AMRX) is valued at $3.98 billion and operates as an integrated specialty pharmaceutical company focusing on generic, brand, and biosimilar products [1] - The stock has shown strong technical momentum, gaining 27.56% since a "Buy" signal was issued on October 22 [2] - AMRX has achieved a 5-year high of $13.37 on January 7 and has gained 69% over the past year [6] Technical Indicators - AMRX maintains a 100% "Buy" technical opinion on Barchart, with a Weighted Alpha of +83.10 [7] - The stock recently traded at $13.23, with a 50-day moving average of $12, and has a Relative Strength Index (RSI) of 68.22 [7] - There is a technical support level around $12.76, and the stock has made 12 new highs, gaining 9.03% in the last month [7] Financial Performance - The trailing price-earnings ratio for AMRX is 18.81 [7] - Revenue is expected to grow by 7.83% this year and an additional 6.67% next year [7] - Earnings are estimated to increase by 37.67% this year and an additional 16.04% next year [8]