Tuesday, March 13, 2012

Alexion Pharmaceuticals - ALXN

Barchart.coms Chart of the Day - Alexion Pharmaceuticals (ALXN)
Related Stocks
ALXN - Alexion Pharmaceuticals
Sym Last Chg Pct
ALXN 88.56 +0.69 +0.79%
The "Chart of the Day" is Alexion Pharmaceuticals (ALXN), which showed up on Monday's Barchart "All Time High" list. Alexion on Monday posted a new all-time high of $88.50 and closed up +3.71%. TrendSpotter has been Long since Dec 20 at $68.99. In recent news on the stock, Goldman Sachs on March 2 reiterated Alexion as a Conviction Buy based on the company's high growth potential, attractive drug portfolio, and status as a potential M&A buyout candidate. UBS on Feb 23 upgraded Alexion to a Buy from Neutral and raised the target to $99 from $73. Alexion Pharmaceuticals, with a market cap of $14 billion, develops pharmaceutical products for the treatment of heart disease, and inflammation, diseases of the immune system and cancer in humans.

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How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


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