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 $0.51 (1.3%) to $40.00 on average volume. Throughout the day, 4,657,177 shares of Teva Pharmaceutical Industries exchanged hands as compared to its average daily volume of 3,914,900 shares. The stock ranged in a price between $39.46-$40.11 after having opened the day at $39.49 as compared to the previous trading day's close of $39.49. Other companies within the Drugs industry that increased today were: Cormedix ( CRMD), up 24.3%, Cardium Therapeutics ( CXM), up 18.4%, ACADIA Pharmaceuticals ( ACAD), up 14.8% and OvaScience ( OVAS), up 11.4%.
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Teva Pharmaceutical Industries Limited develops, manufactures, markets, and distributes pharmaceutical products worldwide. Teva Pharmaceutical Industries has a market cap of $33.1 billion and is part of the health care sector. The company has a P/E ratio of 17.3, below the S&P 500 P/E ratio of 17.7. Shares are up 5.8% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Teva Pharmaceutical Industries a buy, no analysts rate it a sell, and 14 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 attractive 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, Dynavax Technologies Corporation ( DVAX), down 43.3%, Echo Therapeutics ( ECTE), down 25.8%, Aoxing Pharmaceutical Company ( AXN), down 15.4% and Senesco Technologies ( SNTI), down 9.1% , were all laggards within the drugs industry with Biogen Idec ( BIIB) 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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