Ariad Pharmaceuticals (ARIA): Today's Featured Health Care Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Ariad Pharmaceuticals ( ARIA) pushed the Health Care sector higher today making it today's featured health care winner. The sector as a whole was unchanged today. By the end of trading, Ariad Pharmaceuticals rose 43 cents (2.2%) to $20.03 on average volume. Throughout the day, 2.9 million shares of Ariad Pharmaceuticals exchanged hands as compared to its average daily volume of 2.8 million shares. The stock ranged in a price between $19.54-$20.04 after having opened the day at $19.54 as compared to the previous trading day's close of $19.60. Other companies within the Health Care sector that increased today were: Oramed Pharmaceuticals ( ORMP), up 26.7%, Medical Action Industries ( MDCI), up 25.6%, Celsion Corporation ( CLSN), up 19.4%, and Rexahn Pharmaceuticals ( RNN), up 18.4%.
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ARIAD Pharmaceuticals, Inc., an oncology company, focuses on the discovery, development, and commercialization of medicines for cancer patients. Ariad Pharmaceuticals has a market cap of $3.3 billion and is part of the drugs industry. Shares are up 3.2% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate Ariad Pharmaceuticals a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Ariad Pharmaceuticals as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income and weak operating cash flow.

On the negative front, Prima Biomed ( PBMD), down 18%, Novo Nordisk A/S ( NVO), down 14%, Oxygen Biotherapeutics ( OXBT), down 10.3%, and Cormedix ( CRMD), down 9.4%, were all laggards within the health care sector with Intuitive Surgical ( ISRG) being today's health care sector laggard.

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 ( XLV) while those bearish on the health care sector could consider ProShares Ultra Short Health Care ( RXD).

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