Alexion Pharmaceuticals Inc. (ALXN): Today's Featured Health Care 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.

Alexion Pharmaceuticals ( ALXN) pushed the Health Care sector lower today making it today's featured Health Care laggard. The sector as a whole closed the day down 0.9%. By the end of trading, Alexion Pharmaceuticals fell $1.54 (-1.4%) to $107.76 on light volume. Throughout the day, 457,470 shares of Alexion Pharmaceuticals exchanged hands as compared to its average daily volume of 1,578,300 shares. The stock ranged in price between $107.29-$109.99 after having opened the day at $109.67 as compared to the previous trading day's close of $109.30. Other companies within the Health Care sector that declined today were: Pingtan Marine Enterprise ( PME), down 12.4%, Acasti Pharma ( ACST), down 12.0%, Thermogenesis Corporation ( KOOL), down 11.7% and USMD Holdings ( USMD), down 10.4%.

Alexion Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development and commercialization of life-transforming therapeutic products. Alexion Pharmaceuticals has a market cap of $21.0 billion and is part of the drugs industry. Shares are up 14.7% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate Alexion Pharmaceuticals a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Alexion 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, 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.

On the positive front, GW Pharmaceuticals PLC ADR ( GWPH), up 38.3%, Delcath Systems ( DCTH), up 21.7%, MGC Diagnostics ( MGCD), up 15.9% and Angeion Corporation ( ANGN), up 15.9%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health care sector could consider Health Care Select Sector SPDR ( XLV) while those bearish on the health care sector could consider ProShares Ultra Short Health Care ( RXD).

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