Alexion Stock Soars (ALXN)

NEW YORK ( TheStreet) -- Shares of Alexion Pharmaceuticals (Nasdaq: ALXN) have taken a tremendous swing upward. The stock is trading at $122.74 as of 2:11 p.m. ET, 21% above Thursday's closing price of $101.44. Volume is at 2.6 million, 1.7 times the daily average of 1.5 million.

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Alexion has a market cap of $19.54 billion and is part of the health care sector and drugs industry. Shares are up 6.8% year to date as of the close of trading on Thursday.

Alexion Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development and commercialization of life-transforming therapeutic products.

TheStreet Ratings rates Alexion as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Alexion Ratings Report.

See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center.

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