3 Health Care Stocks Driving The Sector Higher
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 4 points (0.0%) at 18,344 as of Wednesday, July 13, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,211 issues advancing vs. 1,725 declining with 124 unchanged.
The Health Care sector currently sits down 1.1% versus the S&P 500, which is down 0.2%. Top gainers within the sector include
Teva Pharmaceutical Industries
(
), up 4.3%,
Valeant Pharmaceuticals International
(
), up 2.8%,
(
), up 2.0%,
(
), up 1.4% and
(
), up 1.1%. On the negative front, top decliners within the sector include
(
), down 1.3%,
(
), down 1.3%,
(
), down 1.0%,
(
), down 0.8% and
(
), down 0.7%.
TheStreet would like to highlight 3 stocks pushing the sector higher today:
3.
(
) is one of the companies pushing the Health Care sector higher today. As of noon trading, Anthem is up $1.52 (1.1%) to $133.40 on light volume. Thus far, 529,798 shares of Anthem exchanged hands as compared to its average daily volume of 1.8 million shares. The stock has ranged in price between $131.98-$133.47 after having opened the day at $132.42 as compared to the previous trading day's close of $131.88.
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Anthem, Inc., through its subsidiaries, operates as a health benefits company in the United States. It operates through three segments: Commercial and Specialty Business, Government Business, and Other. Anthem has a market cap of $34.7 billion and is part of the health services industry. Shares are down 5.4% year-to-date as of the close of trading on Tuesday. Currently there are 8 analysts who rate Anthem a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Anthem
as a
. 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 attractive valuation levels. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full
now.
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2. As of noon trading,
(
) is up $2.51 (2.2%) to $118.01 on average volume. Thus far, 1.1 million shares of Aetna exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $116.39-$118.17 after having opened the day at $116.39 as compared to the previous trading day's close of $115.50.
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Aetna Inc. operates as a health care benefits company in the United States. It operates through three segments: Health Care, Group Insurance, and Large Case Pensions. Aetna has a market cap of $41.0 billion and is part of the health services industry. Shares are up 6.8% year-to-date as of the close of trading on Tuesday. Currently there are 12 analysts who rate Aetna a buy, 1 analyst rates it a sell, and 5 rate it a hold.
TheStreet Ratings rates
Aetna
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel its strengths outweigh the fact that the company has had sub par growth in net income. Get the full
now.
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1. As of noon trading,
(
) is up $1.30 (0.9%) to $141.16 on average volume. Thus far, 1.5 million shares of UnitedHealth Group exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $139.92-$141.31 after having opened the day at $140.95 as compared to the previous trading day's close of $139.86.
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UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. UnitedHealth Group has a market cap of $134.3 billion and is part of the health services industry. Shares are up 18.9% year-to-date as of the close of trading on Tuesday. Currently there are 17 analysts who rate UnitedHealth Group a buy, 1 analyst rates it a sell, and 1 rates it a hold.
TheStreet Ratings rates
UnitedHealth Group
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, solid stock price performance and good cash flow from operations. We feel its strengths outweigh the fact that the company shows low profit margins. Get the full
UnitedHealth Group Ratings Report
now.
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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the health care sector could consider
Health Care Select Sector SPDR
(
) while those bearish on the health care sector could consider
ProShares Ultra Short Health Care
(
).