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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model


Abbott Laboratories



) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day up 0.5%. By the end of trading, Abbott Laboratories rose 55 cents (1.6%) to $34.35 on light volume. Throughout the day, 5.8 million shares of Abbott Laboratories exchanged hands as compared to its average daily volume of 11.4 million shares. The stock ranged in a price between $33.85-$34.35 after having opened the day at $33.89 as compared to the previous trading day's close of $33.80. Other companies within the Health Services industry that increased today were:

Bovie Medical Corporation



), up 28.7%,

USMD Holdings



), up 12.3%,

CombiMatrix Corporation



), up 10.4%, and

ZELTIQ Aesthetics



), up 8.7%.

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Abbott Laboratories engages in the discovery, development, manufacture, and sale of health care products worldwide. Abbott Laboratories has a market cap of $52.92 billion and is part of the health care sector. The company has a P/E ratio of 9.1, below the S&P 500 P/E ratio of 17.7. Shares are up 3.2% year to date as of the close of trading on Monday. Currently there are nine analysts that rate Abbott Laboratories a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Abbott Laboratories as a


. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and reasonable valuation levels. 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.

On the negative front,




), down 17.6%,

Strategic Diagnostics



), down 10.8%,

Hooper Holmes



), down 8.3%, and




), down 6.3%, were all laggards within the health services industry with

St Jude Medical



) 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



) while those bearish on the health services industry could consider

ProShares Ultra Short Health Care




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