PCYC, ALXN And PFE, 3 Drugs Stocks Pushing The Industry Lower

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All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 77 points (0.5%) at 16,913 as of Friday, June 6, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 2,319 issues advancing vs. 667 declining with 134 unchanged.

The Drugs industry currently sits up 1.5% versus the S&P 500, which is up 0.4%. On the negative front, top decliners within the industry include Biomarin Pharmaceutical ( BMRN), down 2.8%, Biogen Idec ( BIIB), down 1.2%, Gilead ( GILD), down 0.8% and Valeant Pharmaceuticals International ( VRX), down 0.7%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Pharmacyclics ( PCYC) is one of the companies pushing the Drugs industry lower today. As of noon trading, Pharmacyclics is down $2.52 (-2.7%) to $91.54 on average volume. Thus far, 668,646 shares of Pharmacyclics exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $91.45-$94.71 after having opened the day at $94.36 as compared to the previous trading day's close of $94.06.

Pharmacyclics, Inc., a biopharmaceutical company, designs, develops, and commercializes small-molecule drugs for the treatment of cancer and immune mediated diseases in the United States and internationally. Pharmacyclics has a market cap of $7.1 billion and is part of the health care sector. Shares are down 11.1% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts that rate Pharmacyclics a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Pharmacyclics as a hold. 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 and notable return on equity. However, as a counter to these strengths, we also find weaknesses including poor profit margins, relatively poor performance when compared with the S&P 500 during the past year and feeble growth in the company's earnings per share. Get the full Pharmacyclics Ratings Report now.

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2. As of noon trading, Alexion Pharmaceuticals ( ALXN) is down $1.06 (-0.6%) to $168.44 on light volume. Thus far, 293,940 shares of Alexion Pharmaceuticals exchanged hands as compared to its average daily volume of 1.7 million shares. The stock has ranged in price between $167.17-$172.50 after having opened the day at $172.45 as compared to the previous trading day's close of $169.50.

Alexion Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes life-transforming therapeutic products. Alexion Pharmaceuticals has a market cap of $33.5 billion and is part of the health care sector. Shares are up 27.6% year-to-date as of the close of trading on Thursday. Currently there are 13 analysts that rate Alexion Pharmaceuticals a buy, no analysts rate it a sell, and 3 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, expanding profit margins, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Alexion Pharmaceuticals Ratings Report now.

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1. As of noon trading, Pfizer ( PFE) is down $0.25 (-0.8%) to $29.51 on light volume. Thus far, 11.4 million shares of Pfizer exchanged hands as compared to its average daily volume of 30.9 million shares. The stock has ranged in price between $29.48-$29.87 after having opened the day at $29.81 as compared to the previous trading day's close of $29.76.

Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. Its product portfolio includes medicines and vaccines, as well as various consumer healthcare products. Pfizer has a market cap of $189.1 billion and is part of the health care sector. Shares are down 2.8% year-to-date as of the close of trading on Thursday. Currently there are 8 analysts that rate Pfizer a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Pfizer 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, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Pfizer Ratings Report now.

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

If you are interested in one of these 3 stocks, 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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