Chart of the Day - Allergan (AGN)

The "Chart of the Day" is Allergan (AGN), which showed up on Wednesday's Barchart "All Time High" list. Allergan on Wednesday posted a new all-time high of $91.08 and closed up 2.51%. TrendSpotter has been Long since Feb 29 at $89.59. In recent news on the stock, Botox-maker Allergan on March 7 won a court injection preventing its rival Merz from selling a similar product because of allegations of theft of trade secrets. RBC Capital on Feb 8 said that investors should buy Allergan shares ahead of the company's R&D day on March 28. RBC Capital reiterated its Outperform trading on Allergan. Allergan, with a market cap of $27 billion, is a provider of eye care and specialty pharmaceutical products throughout the world with products in the eye care pharmaceutical, ophthalmic surgical device, over-the-counter contact lens care, movement disorder, and dermatological markets.