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 lower today making it today's featured Health Services laggard. The industry as a whole closed the day up 0.7%. By the end of trading, WellCare Health Plans fell $1.16 (-1.8%) to $62.22 on heavy volume. Throughout the day, 816,570 shares of WellCare Health Plans exchanged hands as compared to its average daily volume of 470,100 shares. The stock ranged in price between $61.93-$63.46 after having opened the day at $63.03 as compared to the previous trading day's close of $63.38. Other companies within the Health Services industry that declined today were:
), down 18.3%,
), down 6.5%,
), down 5.9% and
), down 5.7%.
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WellCare Health Plans, Inc. provides managed care services for government-sponsored health care programs in the United States. WellCare Health Plans has a market cap of $2.7 billion and is part of the health care sector. Shares are down 10.0% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate WellCare Health Plans a buy, 1 analyst rates it a sell, and 5 rate it a hold.
TheStreet Ratings rates
WellCare Health Plans
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full WellCare Health Plans Ratings Report.
On the positive front,
), up 30.3%,
), up 12.7%,
), up 12.6% and
), up 10.0% , were all gainers within the health services industry with
) being today's featured health services industry leader.
- 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.