CareFusion Corp (CFN): Today's Featured Health Care Winner
(
) pushed the Health Care sector higher today making it today's featured health care winner. The sector as a whole closed the day up 0.8%. By the end of trading, CareFusion rose $0.57 (1.5%) to $39.13 on light volume. Throughout the day, 1,535,848 shares of CareFusion exchanged hands as compared to its average daily volume of 2,180,000 shares. The stock ranged in a price between $38.49-$39.20 after having opened the day at $38.49 as compared to the previous trading day's close of $38.56. Other companies within the Health Care sector that increased today were:
(
), up 15.1%,
(
), up 13.3%,
(
), up 11.6% and
(
), up 10.3%.
CareFusion Corporation provides various healthcare products and services in the United States and internationally. It operates in two segments, Medical Systems and Procedural Solutions. CareFusion has a market cap of $8.5 billion and is part of the health services industry. Shares are up 34.8% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate CareFusion a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
CareFusion
as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full CareFusion Ratings Report.
On the negative front,
(
), down 35.9%,
(
), down 8.5%,
(
), down 6.9% and
(
), down 6.8% , were all laggards within the health care sector with
(
) being today's health care sector laggard.
- Use our health care section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, 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
(
).
- Find other investment ideas from our top rated ETFs lists.
null