Medtronic Inc. (MDT): Today's Featured Health Services Winner
(
) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day up 0.6%. By the end of trading, Medtronic rose $0.88 (1.7%) to $52.41 on light volume. Throughout the day, 3,650,175 shares of Medtronic exchanged hands as compared to its average daily volume of 5,012,000 shares. The stock ranged in a price between $51.85-$52.42 after having opened the day at $51.87 as compared to the previous trading day's close of $51.53. Other companies within the Health Services industry that increased today were:
(
), up 7.0%,
(
), up 6.2%,
(
), up 5.4% and
(
), up 5.0%.
Medtronic, Inc. manufactures and sells device-based medical therapies worldwide. Medtronic has a market cap of $52.2 billion and is part of the health care sector. Shares are up 25.6% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Medtronic a buy, no analysts rate it a sell, and 13 rate it a hold.
TheStreet Ratings rates
Medtronic
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Medtronic Ratings Report.
On the negative front,
(
), down 63.3%,
(
), down 10.1%,
USMD Holdings
(
USMD
), down 8.7% and
(
), down 4.9% , were all laggards within the health services industry with
(
) being today's health services industry laggard.
- Use our health services section to find industry-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 services industry could consider
Health Care Select Sector SPDR
(
) while those bearish on the health services industry could consider
ProShares Ultra Short Health Care
(
).
- Find other investment ideas from our top rated ETFs lists.
null