Questcor Pharmaceuticals Inc. (QCOR): Today's Featured Drugs Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Questcor Pharmaceuticals ( QCOR) pushed the Drugs industry lower today making it today's featured Drugs laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Questcor Pharmaceuticals fell $0.51 (-1.1%) to $46.96 on light volume. Throughout the day, 913,167 shares of Questcor Pharmaceuticals exchanged hands as compared to its average daily volume of 2,024,200 shares. The stock ranged in price between $46.52-$47.83 after having opened the day at $47.66 as compared to the previous trading day's close of $47.47. Other companies within the Drugs industry that declined today were: Senesco Technologies ( SNTI), down 11.6%, ImmuCell Corporation ( ICCC), down 10.8%, TG Therapeutics ( TGTX), down 10.3% and pSivida ( PSDV), down 8.1%.

Questcor Pharmaceuticals, Inc., a biopharmaceutical company, provides drugs for the treatment of multiple sclerosis, nephrotic syndrome, and infantile spasms indications. It primarily offers H.P. Questcor Pharmaceuticals has a market cap of $2.9 billion and is part of the health care sector. Shares are up 78.6% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Questcor Pharmaceuticals a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Questcor Pharmaceuticals 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, notable return on equity, growth in earnings per share and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Transition Therapeutics ( TTHI), up 38.5%, Ocera Therapeutics ( OCRX), up 32.5%, Biosante Pharmaceuticals ( BPAX), up 9.3% and Celsion Corporation ( CLSN), up 7.9% , were all gainers within the drugs industry with Actavis ( ACT) being today's featured drugs industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Cramer: Reviewing S&P's Hit-and-Miss Parade

Fifteen Fabulously Intelligent Biotech Stock Predictions for 2015

Greenberg on the Stock Market: Why Investigations No Longer Matter

Retrophin CEO Under Fire for Twitter Faux Pas

Questcor Pharmaceuticals (QCOR) Hits New Lifetime High Today