Eli Lilly And Company (LLY): Today's Featured Drugs Winner

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.

Eli Lilly and Company ( LLY) pushed the Drugs industry higher today making it today's featured drugs winner. The industry as a whole closed the day up 1.0%. By the end of trading, Eli Lilly and Company rose $0.89 (1.5%) to $59.55 on average volume. Throughout the day, 5,280,987 shares of Eli Lilly and Company exchanged hands as compared to its average daily volume of 5,533,700 shares. The stock ranged in a price between $58.45-$59.65 after having opened the day at $58.57 as compared to the previous trading day's close of $58.66. Other companies within the Drugs industry that increased today were: Aoxing Pharmaceutical Company ( AXN), up 18.9%, Aerie Pharmaceuticals ( AERI), up 14.8%, Pernix Therapeutics Holdings ( PTX), up 14.2% and Biostar Pharmaceuticals ( BSPM), up 13.9%.

Eli Lilly and Company discovers, develops, manufactures, and sells pharmaceutical products worldwide. Eli Lilly and Company has a market cap of $65.5 billion and is part of the health care sector. Shares are up 15.0% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Eli Lilly and Company a buy, 4 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Eli Lilly and Company as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, BioScrip ( BIOS), down 12.3%, Inovio Pharmaceuticals ( INO), down 8.3%, Neptune Technologies & Bioressources ( NEPT), down 7.7% and NewLink Genetics ( NLNK), down 6.9% , were all laggards within the drugs industry with Questcor Pharmaceuticals ( QCOR) 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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