NEW YORK (

TheStreet

) --

Tyco International

(TYC)

and

Medco Health Solutions

(MHS)

were the best performers in the

S&P 500

on Wednesday.

The S&P 500 fell 6.98 points, or 0.49%, to close at 1,405.54 on Wednesday.

Shares of Tyco International rose 4.26% to $55.81. The fire protection company announced Wednesday that its flow control division is merging with

Pentair

(PNR) - Get Report

.

Tyco International's stock hit a 52-week high Wednesday of $56.66. The stock's 52-week low of $37.39 was set on Aug. 9.

Tyco shares trade at an estimated price-to-earnings ratio for next year of 13.71X; the average for diversified industrials companies is 11.87X.

Twelve of the 19 analysts who cover Tyco rate it at buy; seven analysts give the stock a hold rating.

TheStreet Ratings

gives Tyco an A grade with a buy rating and a

$61.52

price target. The stock has risen 19.48% year to date.

Medco Health Solutions shares increased 3.2% to $71.20. The company's acquisition by pharmacy benefit manager

Express Scripts

(ESRX)

is anticipated to receive a ruling from the Federal Trade Commission as soon as Friday,

Bloomberg

reported.

Shares of Medco hit a 52-week high Wednesday of $72.50. The stock's 52-week low of $44.60 was set on Oct. 4.

Medco shares trade at a forward P/E of 14.91X; the average for health care providers is 15.36X. For comparison,

Cigna

(CI) - Get Report

has a lower forward P/E of 7.84X; Express Scripts' forward P/E is 12.96X.

Thirteen of the 20 analysts who cover Medco rate it at hold. Six analysts give the stock a buy rating and one rate it at sell.

TheStreet Ratings

gives Medco a B grade with a buy rating and a

$79.51

price target. The stock has risen 27.37% year to date.

Other top S&P 500 performers Wednesday include:

  • PulteGroup (PHM) - Get Report: The stock rose 4.64% Wednesday to $9.48. The stock has increased 50.24% year to date. TheStreet Ratings gives PulteGroup a D+ grade and sell rating.
  • BB&T (BBT) - Get Report: The stock increased 2.57% Wednesday to $31.88. The stock has risen 26.66% year to date. TheStreet Ratings gives BB&T an A- grade with a buy rating and $35.61 price target.
  • Hudson City Bancorp (HCBK) : The stock rose 2.54% Wednesday to $7.45. The stock has increased 19.28% year to date. TheStreet Ratings gives Hudson City Bancorp a C- grade and hold rating.
  • PNC Financial (PNC) - Get Report: The stock increased 2.52% Wednesday to $64.70. The stock has risen 12.19% year to date. TheStreet Ratings gives PNC Financial a B+ grade with a buy rating and $72.30 price target.
  • WellPoint (WLP) : The stock rose 2.37% Wednesday to $70.00. The stock has increased 5.66% year to date. TheStreet Ratings gives WellPoint a B grade with a buy rating and $81.35 price target.
  • Nvidia (NVDA) - Get Report: The stock increased 2.29% Wednesday to $15.16. The stock has risen 9.38% year to date. TheStreet Ratings gives Nvidia a B- grade with a buy rating and $16.68 price target.
  • Huntington Bancshares (HBAN) - Get Report: The stock rose 1.73% Wednesday to $6.46. The stock has increased 17.67% year to date. TheStreet Ratings gives Huntington Bancshares a B grade with a buy rating and $7.33 price target.
  • Whole Foods Market (WFM) : The stock increased 1.72% Wednesday to $85.59. The stock has risen 23.01% year to date. TheStreet Ratings gives Whole Food Markets an A+ grade with a buy rating and $108.87 price target.

--

Written by Alexandra Zendrian in New York

.

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Alexandra Zendrian

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