4 Stocks Pushing The Health Services Industry Higher

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average (^DJI) trading down 115 points (-0.8%) at 13,894 as of Monday, Feb. 4, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 654 issues advancing vs. 2,230 declining with 132 unchanged.

The Health Services industry currently sits down 0.9% versus the S&P 500, which is down 0.9%. On the negative front, top decliners within the industry include Thermo Fisher Scientific (TMO), down 2.6%, Life Technologies (LIFE), down 2.2%, Waters Corporation (WAT), down 2.3%, Stryker Corporation (SYK), down 1.3% and DaVita HealthCare Partners (DVA), down 1.2%.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today:

4. Opko Health (OPK) is one of the companies pushing the Health Services industry higher today. As of noon trading, Opko Health is up $0.28 (4.2%) to $7.01 on average volume Thus far, 1.4 million shares of Opko Health exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $6.70-$7.03 after having opened the day at $6.80 as compared to the previous trading day's close of $6.73.

Opko Health, Inc., a pharmaceutical and diagnostics company, engages in the discovery, development, and commercialization of novel and proprietary technologies primarily in the United States, Chile, and Mexico. Opko Health has a market cap of $1.9 billion and is part of the health care sector. Shares are up 33.5% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Opko Health a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Opko Health as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and feeble growth in the company's earnings per share. Get the full Opko Health Ratings Report now.

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