NEW YORK ( TheStreet) -- Gentium (GENT), Concord Medical Services (CCM - Get Report), Nektar Therapeutics (NKTR - Get Report), Dendreon (DNDN), ShangPharma (SHP), Teva Pharmaceutical (TEVA - Get Report), WuXi PharmaTech (WX), Elan (ELN), Celgene (CELG), and Par Pharmaceutical (PRX) are expected to return up to 72%, based on their respective 12-month price targets.Health care stocks had underperformed in the last one year due to uncertainty over the federal health care policy and ailing European economies. In the last one year, while the S&P 500 INDEX returned 11%, the S&P Global Health Care Sect. (ETF) notched up only 5.6%. However, 2011 is shaping up well, as the health care sector tracked broader indices rising 6% since the start of the year compared to 5.6% for the broader index. The proposed health care spending cuts announced by Barak Obama during the week did not weigh heavily on the sector. Relatively lower volatility of stock performance compared to broader indices and a pick-up in M&A activity in the sector augurs well for the sector.
10 Health Care Stocks With Upside: Analysts
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