Boston Scientific Inc. (BSX): 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 down 1.9%. By the end of trading, Boston Scientific Inc rose 8 cents (1.4%) to $5.89 on heavy volume. Throughout the day, 39.7 million shares of Boston Scientific Inc exchanged hands as compared to its average daily volume of 20.7 million shares. The stock ranged in a price between $5.69-$5.93 after having opened the day at $5.71 as compared to the previous trading day's close of $5.81. Other companies within the Health Services industry that increased today were:
(
), up 7.7%,
(
), up 6.4%,
(
), up 6.2%, and
(
), up 5.8%.
Boston Scientific Corporation develops, manufactures, and markets medical devices used in various interventional medical specialties worldwide. Boston Scientific Inc has a market cap of $8.3 billion and is part of the
sector. Shares are down 25.5% year to date as of the close of trading on Friday.
TheStreet Ratings rates Boston Scientific as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share.
- You can view the full Boston Scientific Ratings Report.
On the negative front,
Integra LifeSciences Holdings Inc
(
), down 16.4%,
(
), down 11.7%,
(
), down 10.5%, and
(
), down 10.1%, were all losers within the health services industry with
(
) being today's health services industry loser.
- 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.
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