Orexigen Therapeutics, Inc.
) was a big mover last session as its shares rose over 9% on the
day. The rise came on solid volume too with far more shares
changing hands than in a normal session. This is in conformity with
the uptrend for the medical stock since Nov 7, as it is now up
In the last 30 days, Orexigen witnessed 3 positive estimate
revisions, while the Zacks Consensus Estimate hasn't been in a
trend. Yesterday's price action is encouraging though, so make sure
to keep a close watch on this firm going ahead.
Orexigen currently has a Zacks Rank #3 (Hold) while its
However, some better-ranked healthcare stocks include
). All three stocks carry a Zacks Rank #1 (Strong Buy).
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