The

drugs

industry closed the day down 1.4%.

Aoxing Pharmaceutical Company Inc

(

AXN

),

Acura Pharmaceuticals Inc

(

ACUR

),

Medgenics Inc

(

MDGN

), and

YM Biosciences Inc

(

YMI

) were all winners today within the drugs industry with

Bristol-Myers Squibb Company

(

BMY

) being today's featured drugs winner. Bristol-Myers Squibb Company rose 33 cents (1.1%) to $31.45 on average volume. Throughout the day, 14 million shares of Bristol-Myers Squibb Company exchanged hands as compared to its average daily volume of 13.8 million shares.

Bristol-Myers Squibb Company, a global biopharmaceutical company, discovers, develops, and delivers innovative medicines that help patients prevail over serious diseases. Bristol-Myers Squibb Company has a market cap of $52.6 billion and is part of the

health care

sector. The company has a P/E ratio of 16, below the average drugs industry P/E ratio of 16.1 and below the S&P 500 P/E ratio of 17.7. Shares are up 16.5% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Bristol-Myers Squibb as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front,

TheStreet Recommends

ProPhase Labs Inc

(

PRPH

),

Neptune Technologies & Bioressources Inc

(

NEPT

),

Marina Biotech Inc

(

MRNA

), and

Agenus Inc

(

AGEN

) were all losers within the drugs industry with

Valeant Pharmaceuticals International Inc

(

VRX

) being today's drugs industry Loser Spotlight stock.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the drugs industry could consider

SPDR S&P Pharmaceuticals ETF

(

XPH

) while those bearish on the drugs industry could consider

ProShares UltraShort Nasdaq Biotech

(

BIS

).

null