Exelixis Stock Rises 13.3% Year to Date: Buy, Sell or Hold?

Shares of Exelixis, Inc. (EXEL) have risen 13.3% year to date compared with the industry’s growth of 6.6%. The stock has also outperformed the sector and the S&P 500 Index in this timeframe. The company's upbeat performance can be attributed to its strong quarterly results, raised guidance and efforts to increase shareholders' returns.EXEL Outperforms Industry, Sector & S&P 500Image Source: Zacks Investment ResearchLast month, Exelixis announced a new share repurchase program of $500 million. Shares rallied ...