June 14, 2013 at 10:55 AM EDT
TEVA, MYL, ZTS, COV, and VRX Under StockCall’s Microscope
StockCall.com Provides Stock Research on Teva Pharmaceutical Industries Ltd, Mylan Inc., Zoetis Inc., Covidien plc, and Valeant Pharmaceuticals Intl. Inc.
New York City, New York -- (June 14, 2013)
The Affordable Care Act (ACA), which is biggest overhaul of the U.S. healthcare sector in decades, was upheld by the Supreme Court almost a year ago. The ACA is expected to go into full effect by 2014. While the reform will lead to higher costs for the healthcare sector, most players in the sector have welcomed it as they believe that the increase in number of insured individuals will eventually benefit them. One of the most controversial features of the ACA has been the 2.3% tax on U.S. gross sales of medical devices, which many say will lead to higher costs and hurt innovation. On Thursday, June 13, 2013, the healthcare sector ended sharply higher, tracking gains in the broader market. The major movers in the sector included Teva Pharmaceuticals Industries Ltd. (ADR) (NYSE: TEVA), Mylan Inc. (NASDAQ: MYL), Zoetis Inc. (NYSE: ZTS), Covidien Plc (NYSE: COV), and Valeant Pharmaceuticals International Inc. (NYSE: VRX). StockCall has released full comprehensive research on TEVA, MYL, ZTS, COV, and VRX and these free technical analyses can be downloaded by signing up at
Shares in Teva Pharmaceutical Industries Ltd. moved higher on Thursday, reversing some of their losses from previous sessions. Shares of TEVA ended the day 0.79% higher at $39.39 after trading between $38.51 and $39.51. A total of 2.72 million shares were traded which is well below the daily average volume of 4.18 million. However, despite the growth seen yesterday, shares of the drug maker are down more than 1.50% in the last three sessions. Free technical analysis on TEVA available by signing up at
Mylan Inc.’s stock grew yesterday, extending its gains from the previous trading sessions. The company’s shares ended the day 1.69% higher at $31.34 after trading between $30.44 and $31.42. A total of 3.45 million shares were exchanged which is well below the daily average volume of 5.03 million. Shares of MYL have now grown over 2% in the last three sessions. So far this year, the stock has gained nearly 14.20%. Register today and access the free research on MYL at
Shares in Zoetis Inc. fell sharply on Thursday, extending their losses from previous sessions. The company’s shares hit an intraday low of $30.87 before finishing the day 1.14% lower at $31.17 on volume of 5.85 million shares. The major drug maker’s daily average volume is at 3.71 million. The company’s shares have fallen over 2.60% in the last three sessions, and the stock is currently trading close to its 52-week low. The free report on ZTS can be downloaded by signing up now at
Covidien Plc’s stock rose sharply yesterday. The company’s shares hit an intraday high of $65.06 before finishing the day 2.31% higher at $64.99. A total of 1.67 million shares were exchanged which is below the daily average volume of 2.61 million. Shares of COV have grown nearly 13% so far in 2013. The stock is currently trading below its 50-day moving average. Free report on COV can be accessed by registering at
Shares in Valeant Pharmaceuticals International Inc. also rose sharply on Thursday, closing 2.94% higher at $85.81 after trading between $82 and $85.92. A total of 1.13 million shares were traded which is below the daily average volume of 2.03 million. So far this year, shares of VRX have grown nearly 43.60%, hence outperforming the S&P 500.Register withStockCall and download the research on VRX for free at
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William T. Knight
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