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Drug Stocks to Watch: Merck & Co., Inc., UnitedHealth Group Inc., Eli Lilly & Co., Hologic, Inc.

Posted by admin 1007 days ago (http://emailwire.com)

(EMAILWIRE.COM, September 15, 2010 ) New York, NY-Merck & Co., Inc. (NYSE:MRK) added 0.83% to $36.52 on over 12.86 million shares. Merck & Co., Inc. is a global health care company that delivers health solutions through its medicines, vaccines, biologic therapies, and consumer and animal products, which it markets directly and through its joint ventures. The Company's operations are principally managed on a products basis.

Today, the stock opened at $36.10 and was trading within the range of $36.06-$36.70. The volumes were quite high today at 12.86 million shares as compared to its daily average volume of 11.84 million shares.

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UnitedHealth Group Inc. (NYSE:UNH) slid 0.32% to $34.61 on over 8.72 million shares. UnitedHealth Group Incorporated is a diversified health and well-being company. The Company operates in four business segments: Health Benefits, which includes UnitedHealthcare, Ovations and AmeriChoice; OptumHealth; Ingenix and Prescription Solutions.

At today`s closing market price, the market capitalization of the stock stood at $38.91 billion. So far this year, the stock rose almost 11%.

Eli Lilly & Co. (NYSE:LLY) gained 0.34% to $35.65 on over 6.04 million shares. The volumes were low today at 6.04 million shares as compared to its daily average volume of 7.69 million shares.

Over the past 52-weeks, the stock traded within the range of $32.02-$38.

Hologic, Inc. (NASDAQ:HOLX) gained 4.68% to $16.34 on over 4.72 million shares. So far, the market capitalization of the stock stands at $4.23 billion. So far this year, the stock went up more than 11%.

Soleil Securities upgraded its rating on Hologic to Buy from Hold and raised its price target to $20 from $16.

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