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3 Stocks Raising The Drugs Industry Higher

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Two out of the three major indices traded up today The three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 17 points (0.1%) at 16,712 as of Tuesday, May 13, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,351 issues advancing vs. 1,650 declining with 150 unchanged.

The Drugs industry as a whole closed the day down 0.4% versus the S&P 500, which was up 0.1%. Top gainers within the Drugs industry included ImmuCell ( ICCC), up 7.2%, XTL Biopharmaceuticals ( XTLB), up 4.9%, Oragenics ( OGEN), up 9.7%, Telik ( TELK), up 21.8% and China Pharma ( CPHI), up 5.0%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

Telik ( TELK) is one of the companies that pushed the Drugs industry higher today. Telik was up $0.27 (21.8%) to $1.52 on heavy volume. Throughout the day, 2,681,313 shares of Telik exchanged hands as compared to its average daily volume of 49,700 shares. The stock ranged in a price between $1.39-$2.06 after having opened the day at $1.39 as compared to the previous trading day's close of $1.25.

Telik has a market cap of $6.0 million and is part of the health care sector. Shares are up 5.0% year-to-date as of the close of trading on Monday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Highlights from TheStreet Ratings analysis on TELK go as follows:

You can view the full analysis from the report here: Telik Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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