3 Stocks Dragging The Health Services Industry Downward
All three major indices are trading up today with the
Dow Jones Industrial Average
(
^DJI
) trading up 86 points (0.5%) at 17,915 as of Tuesday, Nov. 3, 2015, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,603 issues advancing vs. 1,362 declining with 155 unchanged.
The Health Services industry currently sits up 0.6% versus the S&P 500, which is up 0.2%. A company within the industry that fell today was
Fresenius Medical Care AG & Co. KGaA
(
), up 2.0%.
TheStreet would like to highlight 3 stocks pushing the industry lower today:
3.
(
) is one of the companies pushing the Health Services industry lower today. As of noon trading, HCA Holdings is down $0.66 (-0.9%) to $69.09 on light volume. Thus far, 1.1 million shares of HCA Holdings exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $68.16-$69.79 after having opened the day at $69.32 as compared to the previous trading day's close of $69.75.
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HCA Holdings, Inc., through its subsidiaries, provides health care services in the United States. HCA Holdings has a market cap of $28.0 billion and is part of the health care sector. Shares are down 5.0% year-to-date as of the close of trading on Monday. Currently there are 17 analysts that rate HCA Holdings a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
HCA Holdings
as a
. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself. Get the full
now.
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2. As of noon trading,
(
) is down $2.86 (-2.0%) to $137.00 on average volume. Thus far, 901,914 shares of Anthem exchanged hands as compared to its average daily volume of 2.2 million shares. The stock has ranged in price between $135.53-$140.17 after having opened the day at $139.56 as compared to the previous trading day's close of $139.86.
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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 $36.3 billion and is part of the health care sector. Shares are up 11.3% year-to-date as of the close of trading on Monday. Currently there are 9 analysts that rate Anthem a buy, no analysts rate it a sell, and 6 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 its strengths outweigh the fact that the company shows weak operating cash flow. Get the full
now.
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1. As of noon trading,
(
) is down $2.78 (-2.4%) to $112.56 on light volume. Thus far, 1.1 million shares of Aetna exchanged hands as compared to its average daily volume of 3.1 million shares. The stock has ranged in price between $111.33-$115.48 after having opened the day at $114.65 as compared to the previous trading day's close of $115.34.
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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 $40.0 billion and is part of the health care sector. Shares are up 29.8% year-to-date as of the close of trading on Monday. Currently there are 13 analysts that rate Aetna a buy, no analysts rate it a sell, and 4 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 and revenue growth. We feel its strengths outweigh the fact that the company has had sub par growth in net income. 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
(
).