Teva Pharmaceutical Industries Ltd (TEVA): Today's Featured Drugs 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.

Teva Pharmaceutical Industries ( TEVA) pushed the Drugs industry higher today making it today's featured drugs winner. The industry as a whole closed the day up 0.8%. By the end of trading, Teva Pharmaceutical Industries rose 88 cents (2.4%) to $38.13 on light volume. Throughout the day, 3.7 million shares of Teva Pharmaceutical Industries exchanged hands as compared to its average daily volume of 5.4 million shares. The stock ranged in a price between $37.61-$38.17 after having opened the day at $37.65 as compared to the previous trading day's close of $37.25. Other companies within the Drugs industry that increased today were: Acura Pharmaceuticals ( ACUR), up 48.3%, Dyax Corporation ( DYAX), up 19.6%, Galectin Therapeutics ( GALT), up 14.5%, and Santarus ( SNTS), up 11.2%.
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Teva Pharmaceutical Industries Limited develops, manufactures, markets, and distributes pharmaceutical products worldwide. Teva Pharmaceutical Industries has a market cap of $31.91 billion and is part of the health care sector. The company has a P/E ratio of 16.6, below the S&P 500 P/E ratio of 17.7. Shares are down 0.2% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Teva Pharmaceutical Industries a buy, no analysts rate it a sell, and 15 rate it a hold.

TheStreet Ratings rates Teva Pharmaceutical Industries as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself.

On the negative front, Impax Laboratories ( IPXL), down 26%, MEI Pharma ( MEIP), down 13%, Neostem ( NBS), down 8.9%, and Novogen ( NVGN), down 7.9%, were all laggards within the drugs industry with Hospira ( HSP) being today's drugs industry laggard.

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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