Baxter International Inc

(

BAX

) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day down 0.2%. By the end of trading, Baxter International Inc rose 39 cents (0.8%) to $49.42 on average volume. Throughout the day, 4.6 million shares of Baxter International Inc exchanged hands as compared to its average daily volume of 4.1 million shares. The stock ranged in a price between $49.04-$49.74 after having opened the day at $49.14 as compared to the previous trading day's close of $49.03. Other companies within the Health Services industry that increased today were:

Dehaier Medical Systems

(

DHRM

), up 14.3%,

World Heart Corporation

(

WHRT

), up 12.4%,

InfuSystems Holdings Inc

(

INFU

), up 12.1%, and

American Caresource Holdings Inc

(

ANCI

), up 10%.

Baxter International Inc., through its subsidiaries, develops, manufactures, and markets products for people with hemophilia, immune disorders, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions. Baxter International Inc has a market cap of $26.91 billion and is part of the

health care

sector. The company has a P/E ratio of 12.6, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 3.1% year to date as of the close of trading on Monday.

TheStreet Ratings rates Baxter International as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, growth in earnings per share, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front,

Response Genetics Inc

(

RGDX

), down 13.8%,

Misonix Inc

(

MSON

), down 10.1%,

Spherix Inc

(

SPEXD

), down 8%, and

Spherix Inc

(

SPEX

), down 8%, were all losers within the health services industry with

Covidien

(

COV

) being today's health services industry loser.

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

(

XLV

) while those bearish on the health services industry could consider

ProShares Ultra Short Health Care

(

RXD

).

null