Gilead Sciences Inc (GILD): Today's Featured Drugs Loser

Gilead ( GILD) pushed the Drugs industry lower today making it today's featured Drugs loser. The industry as a whole closed the day up 0.7%. By the end of trading, Gilead fell 56 cents (-1.1%) to $52.16 on light volume. Throughout the day, 5.8 million shares of Gilead exchanged hands as compared to its average daily volume of 9.8 million shares. The stock ranged in price between $51.71-$53.25 after having opened the day at $52.50 as compared to the previous trading day's close of $52.72. Other company's within the Drugs industry that declined today were: POZEN ( POZN), down 19.3%, InterMune ( ITMN), down 17.1%, Medgenics ( MDGN), down 12.6%, and Galena Biopharma ( GALE), down 8.3%.

Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes human therapeutics for the treatment of life threatening diseases worldwide. Gilead has a market cap of $39.83 billion and is part of the health care sector. The company has a P/E ratio of 14.8, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 28.8% year to date as of the close of trading on Thursday. Currently there are 20 analysts that rate Gilead a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Gilead as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the positive front, Arena Pharmaceuticals ( ARNA), up 21.9%, Abaxis ( ABAX), up 20.9%, Jazz Pharmaceuticals ( JAZZ), up 14.4%, and China Shenghuo Pharmaceutical Holdings ( KUN), up 13.4%, were all gainers within the drugs industry with Eli Lilly and Company ( LLY) being today's featured drugs industry winner.

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).

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