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$14.80 0.92 (6.63%)
10/13/2008 2:37 PM

PowerShares Dynamic Pharmaceuticals(ETF) (PJP)

CAPS Rating:
***

exchange-traded fund

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PowerShares Dynamic Pharmaceuticals(ETF) At A Glance

Current Price: $14.80
Last Trade Time: 10/13/2008 2:37 PM
Open: $14.04
Previous Close: $13.88
Daily Range: $14.04 - $14.92
52-Week Range: $13.01 - $19.26
Volume: 82,519
Market Cap: $145.66M
P/E Ratio: 0.00
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Stock Trends

PJP VS S&P 500 (SPY)

PJP 12 month chart vs. S&P

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Recs

0

 (PJP)

Avatar chundarr (32.27) Submitted: 10/06/08 1:10 PM : Outperform Start Price: $15.71 PJP Score: 2.06

Pure pharma play; world needs drugs. DRUUUGS!

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Recs

0

 (PJP)

Avatar rskaverse (< 20) Submitted: 8/11/07 8:33 PM : Outperform Start Price: $17.95 PJP Score: 17.32

Hard to know which big Pharmceutical Company to bet on. Patents on drugs running out for most have caused the whole market segment to become beaten down. Someone must have something in the pipe. This exchange traded fund bets on all the major names.





ABT


ALPHARMA INC ALO


AMGEN AMGN


BIOGEN IDEC INC BIIB


LILLY ELI CO LLY


GENENTECH INC DNA


JOHNSON AND JOHNS DC JNJ


MERCK CO INC MRK


PFIZER INC PFE


WYETH WYE





This segment will bounce back. Many are trading near their 52 week lows, P/E are quite low on most. This fund allows you to spread the risk of just betting on one or two.





Healthcare spending certainly not on the decline anytime soon! Aging society will need their meds. Safe non cyclical revenues in good times and bad. Probably a safe place to stash some money in this problematic financial market. Returns on equity in excess of 35%.


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