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) pushed the Health Care sector higher today making it today's featured health care winner. The sector as a whole closed the day up 0.5%. By the end of trading, Forest Laboratories rose $1.30 (1.3%) to $99.55 on average volume. Throughout the day, 3,478,239 shares of Forest Laboratories exchanged hands as compared to its average daily volume of 3,215,000 shares. The stock ranged in a price between $98.13-$99.67 after having opened the day at $98.42 as compared to the previous trading day's close of $98.25. Other companies within the Health Care sector that increased today were:
), up 170.8%,
), up 23.1%,
), up 21.1% and
), up 17.5%.
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Forest Laboratories, Inc. develops, manufactures, and sells branded forms of ethical drug products in the United States and Europe. Forest Laboratories has a market cap of $26.3 billion and is part of the drugs industry. Shares are up 63.7% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Forest Laboratories a buy, no analysts rate it a sell, and 13 rate it a hold.
TheStreet Ratings rates
. 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, compelling growth in net income, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Forest Laboratories Ratings Report.
On the negative front,
), down 16.0%,
), down 13.2%,
), down 9.1% and
), down 8.8% , were all laggards within the health care sector with
) being today's health care sector laggard.
- Use our health care section to find sector-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health care sector could consider
) while those bearish on the health care sector could consider
- Find other investment ideas from our top rated ETFs lists.