Is the Stock Market Making You Depressed? Try Some Antidepressant Stocks

Actually, depression in this country is a very serious problem. In the United States, approximately 14 million adults per year are affected by depression; some sufferers try to work through it on their own and others turn to antidepressant drugs. According to the World Health Organization, depression causes the suffering of an estimated 121 million people throughout the world and is expected to become the second leading cause of disability worldwide by the year 2020. With these numbers, the demand for antidepressants is expected to grow significantly.

Eli Lilly & Co. (LLY), the world's largest maker and marketer of psychiatric medications, was the company that originally came out with Prozac, now off-patent. It now has the top selling drug, Cymbalta for treating depression. It is one of the most financially successful drug in history. Lilly has a price to earnings ratio of 16, provides a very generous yield of 3.4%.

Forest Laboratories Inc. (FRX) has the drug Lexapro, also known as Cipralex which is an antidepressant used to treat depression and anxiety disorders. The stock a very high PE of 83, and does not pay a dividend.

AstraZeneca plc (AZN) is a British-Sedish multinational company which makes Seroquel, an antipsychotic used to treat schizophrenia, now off-patent. The company also markets Vivalan. The stock trades at ten times earnings, and pays a very high yield of 7.4%.

Glaxosmithkline plc (GSK) produces Wellbutrin, used for the treatment of depression and seasonal affective disorder. It also has Paxil, also known as Seroxat, for depression. The stock has a PE of 17, and sports a high yield of 5.7%.

For a free list of major pharmaceutical companies, most of which pay dividends, go to WallStreetNewsNetwork.com.

Disclosure: Author did not own any of the above at the time the article was written.

Warren Buffett's Berkshire Hathaway has $40 Billion in Cash

Warren Buffett reported earnings for Berkshire Hathaway (BRK-A) (BRK-B) last week, reporting that the company's earnings were $3.1 billion in the second quarter, which is a drop from earnings for the same quarter last year of $3.4 billion. Earnings per share for the quarter were $1,882 down from $2,072. The company's cash position is $40.7 billion, down from $47 billion.

In spite of the downturn, over the long term, Warren Buffett has provided Berkshire Hathaway investors with an average annual return of roughly 20% per year, far outperforming the S and P 500 and most money managers. If you want to follow in Buffett's footsteps, you can check out what Berkshire Hathaway owns, and pick what you think are the best stocks in the group. WallStreetNewsNetwork.com has a free list of Warren Buffett stocks, over 25 of which pay dividends. As a matter of fact, a dozen have yields of 3.0% or greater.

One example is Procter & Gamble Co (PG) trades at 18.1 times earnings, and 15.8 times forward earnings. The stock pays a very favorable yield of 3.4%. The company recently reported a 44.7% increase in earnings for the latest quarter, year over year, on a slight 3.1% drop in revenues. Dividends payable quarterly were increased back in April from $0.525 per share to $0.562 per share.

Another High yield Buffett stock is General Dynamics (GD), which provides a decent yield of 3.2%. The stock trades at 9.4 times current earnings, with a forward price to earnings ratio of 8.6. Earnings were down about 3% on flat earnings for the latest quarter.

A couple of other high yield ideas include Intel (INTC) sporting a yield of 3.4% and GlaxoSmithKline Plc (GSK) at 4.5%. To see the other Warren Buffett stocks, go to WallStreetNewsNetwork.com, where you can download, sort, and update the list.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com