3 Health Services Stocks Driving The Industry Higher
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
All three major indices are trading down today with the
Dow Jones Industrial Average
(
^DJI
) trading down 199 points (-1.1%) at 17,696 as of Friday, March 13, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 614 issues advancing vs. 2,348 declining with 137 unchanged.
The Health Services industry currently sits down 0.8% versus the S&P 500, which is down 0.8%. On the negative front, top decliners within the industry include
(
), down 1.5%,
(
), down 1.5%,
(
), down 0.8% and
(
), down 0.7%.
TheStreet would like to highlight 3 stocks pushing the industry higher today:
3.
(
) is one of the companies pushing the Health Services industry higher today. As of noon trading, Aetna is up $0.83 (0.8%) to $102.95 on average volume. Thus far, 1.2 million shares of Aetna exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $101.32-$103.36 after having opened the day at $102.00 as compared to the previous trading day's close of $102.12.
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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 $34.9 billion and is part of the health care sector. Shares are up 15.0% year-to-date as of the close of trading on Thursday. Currently there are 12 analysts who rate Aetna a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Aetna
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these 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 $1.00 (0.7%) to $148.46 on average volume. Thus far, 841,048 shares of Anthem exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $146.40-$148.86 after having opened the day at $146.83 as compared to the previous trading day's close of $147.46.
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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 $38.5 billion and is part of the health care sector. Shares are up 17.3% year-to-date as of the close of trading on Thursday. Currently there are 9 analysts who rate Anthem a buy, no analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates
Anthem
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full
now.
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1. As of noon trading,
(
) is up $0.69 (0.7%) to $103.65 on average volume. Thus far, 2.1 million shares of CVS Health exchanged hands as compared to its average daily volume of 4.7 million shares. The stock has ranged in price between $102.95-$103.92 after having opened the day at $103.11 as compared to the previous trading day's close of $102.96.
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CVS Health Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments. CVS Health has a market cap of $114.3 billion and is part of the health care sector. Shares are up 6.9% year-to-date as of the close of trading on Thursday. Currently there are 17 analysts who rate CVS Health a buy, no analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
CVS Health
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, good cash flow from operations, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full
now.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the health services industry could consider
Health Care Select Sector SPDR
(
) while those bearish on the health services industry could consider
ProShares Ultra Short Health Care
(
).
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