Pfizer Inc (PFE): 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

Pfizer ( PFE) 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, Pfizer rose $0.37 (1.3%) to $29.27 on average volume. Throughout the day, 31,797,116 shares of Pfizer exchanged hands as compared to its average daily volume of 31,308,000 shares. The stock ranged in a price between $28.99-$29.33 after having opened the day at $29.03 as compared to the previous trading day's close of $28.90. Other companies within the Drugs industry that increased today were: Aoxing Pharmaceutical Company ( AXN), up 13.6%, BioTime ( BTX), up 9.6%, pSivida ( PSDV), up 9.4% and Progenics Pharmaceuticals ( PGNX), up 9.3%.
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Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells medicines for people and animals worldwide. Pfizer has a market cap of $208.9 billion and is part of the health care sector. The company has a P/E ratio of 23.6, above the S&P 500 P/E ratio of 17.7. Shares are up 15.2% year to date as of the close of trading on Wednesday. Currently there are 14 analysts that rate Pfizer a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Pfizer as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, AVEO Pharmaceuticals ( AVEO), down 49.6%, Idera Pharmaceuticals ( IDRA), down 22.1%, Galena Biopharma ( GALE), down 13.5% and MediciNova ( MNOV), down 8.8%.

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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