This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Stocks Hitting Highs Even Amid Turmoil

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

2. Jazz Pharmaceuticals (JAZZ - Get Report) develops treatments for neurological and psychiatric conditions. Its chief drugs, Xyrem and Luvox, are used to treat narcolepsy and obsessive compulsive disorder.

Jazz's stock has appreciated 46% in 2011, outpacing indices. Jazz has grown sales, net income and earnings per share 50%, 32% and 29% annually, on average, since 2008. Its stock delivered annualized gains of 40% over that span. Still, 2010 was the first year of net profitability. Three researchers rank Jazz's shares "buy" and three rate them "hold."

The company's fourth-quarter adjusted earnings more than doubled to 58 cents, missing analysts' consensus estimate by 3%. Sales, up 39% to $54 million, beat consensus by 2.6%. The performance was helped by 47% net sales growth for Xyrem, with 36% sales growth for Xyrem oral solution. Management forecasts $232 to $245 million of net sales in 2011, with a gross profit margin over 90% and $2.70 to $2.90 of adjusted earnings. Jazz's balance sheet has improved over the past 12 months. Jazz has $45 million of cash and $40 million of debt, for a net liquidity position.
4 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
EXAM $35.53 0.00%
JAZZ $145.75 0.00%
PLCM $11.27 0.00%
SIX $58.03 0.00%
ULTA $206.21 0.00%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs