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

Gilead ( GILD) pushed the Drugs industry higher today making it today's featured drugs winner. The industry as a whole closed the day up 0.3%. By the end of trading, Gilead rose $0.58 (1.1%) to $52.23 on light volume. Throughout the day, 8,338,537 shares of Gilead exchanged hands as compared to its average daily volume of 12,123,700 shares. The stock ranged in a price between $51.42-$52.67 after having opened the day at $51.70 as compared to the previous trading day's close of $51.66. Other companies within the Drugs industry that increased today were: Ambit Biosciences ( AMBI), up 18.2%, Aoxing Pharmaceutical Company ( AXN), up 13.9%, Celldex Therapeutics ( CLDX), up 12.3% and Puma Biotechnology ( PBYI), up 12.3%.

Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes human therapeutics for the treatment of life threatening diseases in North America, Europe, and Asia. Gilead has a market cap of $78.2 billion and is part of the health care sector. The company has a P/E ratio of 28.5, above the S&P 500 P/E ratio of 17.7. Shares are up 39.6% year to date as of the close of trading on Monday. Currently there are 20 analysts that rate Gilead a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Gilead as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, solid stock price performance, reasonable valuation levels and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Mast Therapeutics ( MSTX), down 39.8%, Achillion Pharmaceuticals ( ACHN), down 25.1%, Prima Biomed ( PBMD), down 11.7% and Oramed Pharmaceuticals ( ORMP), down 11.1% , were all laggards within the drugs industry with Vertex Pharmaceuticals ( VRTX) 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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