Sanofi (SNY): Today's Featured Health Care Laggard
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.
(
) pushed the Health Care sector lower today making it today's featured Health Care laggard. The sector as a whole closed the day up 0.8%. By the end of trading, Sanofi fell $1.32 (-2.5%) to $51.48 on heavy volume. Throughout the day, 2,795,790 shares of Sanofi exchanged hands as compared to its average daily volume of 996,800 shares. The stock ranged in price between $51.48-$53.53 after having opened the day at $53.05 as compared to the previous trading day's close of $52.80. Other companies within the Health Care sector that declined today were:
(
), down 12.6%,
(
), down 11.8%,
(
), down 10.4% and
(
), down 8.7%.
Sanofi researches, develops, manufactures, and markets healthcare products worldwide. The company operates through Pharmaceuticals, Human Vaccines, and Animal Health segments. Sanofi has a market cap of $141.0 billion and is part of the drugs industry. Shares are up 11.4% year to date as of the close of trading on Tuesday. Currently there are 6 analysts that rate Sanofi a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
Sanofi
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Sanofi Ratings Report.
On the positive front,
(
), up 38.2%,
(
), up 28.4%,
(
), up 22.0% and
(
), up 21.9% , were all gainers within the health care sector with
(
) being today's featured health care sector leader.
- Use our health care section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health care sector could consider
Health Care Select Sector SPDR
(
) while those bearish on the health care sector could consider
ProShares Ultra Short Health Care
(
).
- Find other investment ideas from our top rated ETFs lists.
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