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  • Hot Stocks to Watch on Monday | 02/28/2011 | PLX | MDAS | MRX | AEL |

    hot stocks in focus
    Sunday Feb 27, 2011, 03:06 pm EST
    Stocks in Focus for Monday- PLX, MDAS, MRX, AEL
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    PLX - Protalix BioTherapeutics Inc. (AMEX:PLX)
    Protalix BioTherapeutics (AMEX:PLX) received a complete response letter from the FDA for its Gaucher disease treatment. Response was negative. FDA needs more data. Shares dropped but Protalix has potential to gain again as FDA just asked for more data.

    MDAS - MedAssets, Inc. (NASDAQ:MDAS)
    The company lost $49.4 million, or 87 cents per share, in Q4 2010 compared to a profit of $10 million, or 17 cents per share, i the same period a year earlier. revenues actually rose but the loss was due to some one time charges. MedAssets also said it ll earn of 94 cents to $1.04 per share on revenue of $588 million to $602 million compared to analysts expectations of earnings of $1.10 per share on $607.4 million in revenue.

    MRX- Medicis Pharmaceutical Corporation (NYSE:MRX)
    Medicis (NYSE:MRX) said  that their revenues were $700.0 million in 2010 compared to $571.9 million in 2009 representing 22% increase in revenues. Shares are expected to gain on Monday.

    AEL- American Equity Investment Life Holding (NYSE:AEL)
    American Equity Investment Life Holding (NYSE:AEL) said that their Q4 2010 income dropped to
     $9.04 million or $0.14 per share, compared to $36.02 million or $0.60 per share in Q4 2009. Analysts on average expected AEL to earn $0.44 per share in the quarter.

    God Bless,
    Be Rich.

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