4 Pharmaceutical Stocks to Buy Now

PATH, WPI, MYL, IPXL improve in weekly rankings

   
4 Pharmaceutical Stocks to Buy Now

The grades of four pharmaceutical stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

This week, NuPathe Inc. (PATH) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). NuPathe develops pharmaceutical products used for the treatment and management of neurological and psychiatric diseases. In Portfolio Grader’s specific subcategories of Earnings Momentum and Earnings Revisions, PATH also gets A’s. For more information, get Portfolio Grader’s complete analysis of PATH stock.

This week, Watson Pharmaceuticals (WPI) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). Watson develops, manufactures, markets, sells and distributes pharmaceutical products. For more information, get Portfolio Grader’s complete analysis of WPI stock.

This is a strong week for Mylan (MYL). The company’s rating climbs to A from the previous week’s B. Mylan is a global generic and specialty pharmaceuticals company. The stock price has risen 22% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of MYL stock.

Impax Laboratories, Inc.’s (IPXL) ratings are looking better this week, moving up to a B from last week’s C. Impax Laboratories develops, manufactures, and markets both proprietary and multi-source pharmaceutical products utilizing its drug delivery technologies. The stock’s price of $26.51 is above the 50-day moving average of $24.65. For more information, get Portfolio Grader’s complete analysis of IPXL stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, http://investorplace.com/2014/03/4-pharmaceutical-stocks-to-buy-now-path-wpi-myl-3/.

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