Wednesday, July 11, 2012

3 Pharmaceutical Stocks Armed With Cash And Analyst Backing


As the U.S. population ages, the demand for innovative and ground-breaking medicine grows every day. If you're a smart investor looking to seize this opportunity, one worthwhile place to look is at pharmaceutical stocks that have amassed sizeable war chests of cash. After all, cash is what fuels cutting-edge research and development, and can sustain a company through lengthy clinical trials. Today we focus on pharmaceutical companies that not only have high cash reserves, but that also have strong analyst confidence to boot. If stocks of this nature sound interesting, you will probably like the short list we came up with.The Current ratio is a liquidity ratio used to determine a company's financial health. The metric illustrates how easily a firm can pay back its short obligations all at once through current assets. A company that has a current ratio of one or less is generally a liquidity red
... Read the rest at SeekingAlpha.com

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