Saturday, July 7, 2007

Forest Laboratories

Forest Laboratories is among the world’s largest Pharmaceuticals sector businesses in the world.  Forest Laboratories’s employees generate $454.1M in profits on $3.360B of revenue.  Global output in the Pharmaceuticals business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but Forest Laboratories is determined to remain a market leader.  Sectoral leadership in the Pharmaceuticals segment takes dedication and consistency, but management seeks out-sized growth.

Forest Laboratories’s ticker symbol FRX has recently been trading near $45.87 a share.  The Forest Laboratories corporate headquarters in New York NY predicts Pharmaceuticals profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $14.679B ensures sufficient liquidity.  With a beta of 1.35, the company is more volatile than the market as a whole.  When the average equity moves higher, Forest Laboratories moves more aggressively.

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