This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Health Care Stocks Hit 52-Week Highs: Community Health, DaVita

NEW YORK ( TheStreet) -- These health care stocks hit 52-week highs on Thursday following the U.S. Supreme Court's upholding of Obamacare: Community Health Systems (CYH - Get Report), DaVita (DVA - Get Report) and Team Health Holdings (TMH - Get Report).

Community Health Systems

The hospital health care services company's stock hit a 52-week high on Thursday of $28.79. The stock's 52-week low of $14.61 was set on Oct. 5.

"The company remains focused on controlling supply expenses and the growth of employed physicians helps this," Wells Fargo analysts wrote in a June 20 report. "It believes that margins will be favorably impacted by improvements at acquired hospitals and increases in case mix. Acquisitions should be about 45 per year and CYH turns down more than in prior years due to more supply. The company is hopeful that it has the opportunity to continue the good admission trends which it had in 1Q12. Last year admissions were negatively hurt by a rapid transition to Interqual, but this issue abated in 1Q12."

Community Health Systems trades at an estimated price-to-earnings ratio for next year of 5.38 times; the average among its peers is 12.1. For comparison, Tenet Healthcare (THC) has a higher forward P/E of 13.83.

Fourteen of the 23 analysts who cover Community Health Systems rated it hold. Eight analysts gave the stock a buy rating and one rated it sell.

The stock has risen 58.05% year to date.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CYH $18.30 -4.09%
DVA $62.57 -1.71%
TMH $33.81 -1.80%
AAPL $93.70 -0.60%
FB $101.91 0.90%


Chart of I:DJI
DOW 15,660.18 -254.56 -1.60%
S&P 500 1,829.08 -22.78 -1.23%
NASDAQ 4,266.8370 -16.7550 -0.39%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs