Skip to main content

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Baxter International

(

BAX

) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day up 1.6%. By the end of trading, Baxter International rose $0.87 (1.3%) to $69.27 on average volume. Throughout the day, 3,537,433 shares of Baxter International exchanged hands as compared to its average daily volume of 3,355,900 shares. The stock ranged in a price between $68.44-$69.43 after having opened the day at $68.77 as compared to the previous trading day's close of $68.40. Other companies within the Health Services industry that increased today were:

Cardiovascular Systems

(

CSII

), up 19.1%,

Hooper Holmes

(

HH

), up 9.5%,

Vision-Sciences Inc (DE

(

VSCI

TheStreet Recommends

), up 9.4% and

Mela

(

MELA

), up 8.4%.

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 has a market cap of $37.2 billion and is part of the health care sector. The company has a P/E ratio of 14.7, below the S&P 500 P/E ratio of 17.7. Shares are down 1.6% year to date as of the close of trading on Wednesday. Currently there are 5 analysts that rate Baxter International a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates

Baxter International

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front,

EnteroMedics

(

ETRM

), down 7.0%,

American Shared Hospital Services

(

AMS

), down 3.9%,

Thermogenesis Corporation

(

KOOL

), down 3.3% and

AdCare Health Systems

(

ADK

), down 2.3% , were all laggards within the health services industry with

Quest Diagnostics

(

DGX

) being today's health services industry laggard.

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

).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.