The

health services

industry closed the day up 0.7%.

NuVasive Inc

(

NUVA

),

Five Star Quality Care Incorporated

(

FVE

),

Kips Bay Medical Inc

(

KIPS

), and

Dynatronics Corporation

(

DYNT

) were all decliners today within the health services industry with

Tenet Healthcare

(

THC

) being today's featured health services loser. Tenet Healthcare fell 19 cents (-3.6%) to $5.07 on heavy volume. Throughout the day, 18.2 million shares of Tenet Healthcare exchanged hands as compared to its average daily volume of 11.7 million shares.

Tenet Healthcare Corporation, an investor-owned health care services company, operates acute care hospitals and related health care facilities. Tenet Healthcare has a market cap of $2.4 billion and is part of the

health care

sector. The company has a P/E ratio of 2.6, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 23.3% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Tenet Healthcare as a

hold

. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, poor profit margins and weak operating cash flow.

On the positive front,

Align Technology Inc

(

ALGN

),

Vision-Sciences Inc (DE

(

VSCI

),

TearLab Corpoartion

(

TEAR

), and

Amerigroup Corporation

(

AGP

) were all gainers within the health services industry with

Express Scripts

(

ESRX

) being today's featured health services industry winner.

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

).

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