Quest Diagnostics Inc

(

DGX

) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day down 0.3%. By the end of trading, Quest Diagnostics Inc rose $1.19 (2.2%) to $55.81 on average volume. Throughout the day, 2.3 million shares of Quest Diagnostics Inc exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in a price between $54.14-$56.23 after having opened the day at $54.44 as compared to the previous trading day's close of $54.62. Other companies within the Health Services industry that increased today were:

World Heart Corporation

(

WHRT

), up 22.9%,

Escalon Medical Corporation

(

ESMC

), up 13%,

TearLab Corpoartion

(

TEAR

), up 12.9%, and

Allied Healthcare Products

(

AHPI

), up 7.7%.

Quest Diagnostics Incorporated provides diagnostic testing, information, and services in the United States and internationally. Quest Diagnostics Inc has a market cap of $8.7 billion and is part of the

health care

sector. The company has a P/E ratio of 20.3, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 1.2% year to date as of the close of trading on Monday.

TheStreet Ratings rates Quest as a

buy

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

On the negative front,

Spherix Inc

(

SPEXD

), down 10.9%,

Spherix Inc

(

SPEX

), down 10.9%,

Uroplasty Inc

(

UPI

), down 8.9%, and

BSD Medical Corporation

(

BSDM

), down 7.2%, were all losers within the health services industry with

Intuitive Surgical Inc

(

ISRG

) 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