Medtronic Inc. (MDT): Today's Featured Health Services Loser

The health services industry closed the day up 0.6%. Escalon Medical Corporation ( ESMC), Cooper Companies ( COO), Winner Medical Group Inc ( WWIN), and Tengion Inc ( TNGN) were all decliners today within the health services industry with Medtronic Inc ( MDT) being today's featured health services loser. Medtronic Inc fell 35 cents (-1%) to $33.23 on light volume. Throughout the day, five million shares of Medtronic Inc exchanged hands as compared to its average daily volume of 7.6 million shares.

Medtronic, Inc. manufactures and sells device-based medical therapies worldwide. Medtronic Inc has a market cap of $34.7 billion and is part of the health care sector.

TheStreet Ratings rates Medtronic as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we find that net income has been generally deteriorating over time.

On the positive front, Synergetics USA Inc ( SURG), Gentiva Health Services Inc ( GTIV), Skilled Healthcare Group Inc ( SKH), and Cardiovascular Systems Inc ( CSII) were all gainers within the health services industry with Intuitive Surgical Inc ( ISRG) 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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