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.
) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day up 0.8%. By the end of trading, Medtronic rose $0.68 (1.3%) to $53.36 on light volume. Throughout the day, 3,449,035 shares of Medtronic exchanged hands as compared to its average daily volume of 5,065,100 shares. The stock ranged in a price between $52.70-$53.53 after having opened the day at $52.76 as compared to the previous trading day's close of $52.68. Other companies within the Health Services industry that increased today were:
), up 7.2%,
), up 6.8%,
), up 5.8% and
), up 4.8%.
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Medtronic, Inc. manufactures and sells device-based medical therapies worldwide. The company operates in two segments, Cardiac and Vascular Group, and Restorative Therapies Group. Medtronic has a market cap of $53.2 billion and is part of the health care sector. Shares are up 28.4% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Medtronic a buy, no analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, attractive valuation levels and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Medtronic Ratings Report.
On the negative front,
), down 9.3%,
), down 7.0%,
), down 5.8% and
), down 4.7%.
- 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
) while those bearish on the health services industry could consider
- Find other investment ideas from our top rated ETFs lists.