Thermo Fisher Scientific Inc (TMO): Today's Featured Health Services Winner

The health services industry closed the day up 1.4%. Gentiva Health Services Inc ( GTIV), Dynatronics Corporation ( DYNT), Pro-Dex Inc ( PDEX), and Providence Service Corporation ( PRSC) were all winners today within the health services industry with Thermo Fisher Scientific Inc ( TMO) being today's featured health services winner. Thermo Fisher Scientific Inc rose 89 cents (1.7%) to $54.65 on heavy volume. Throughout the day, 6.8 million shares of Thermo Fisher Scientific Inc exchanged hands as compared to its average daily volume of 3.6 million shares.

Thermo Fisher Scientific Inc. provides analytical instruments, equipment, reagents and consumables, software, and services for research, manufacture, analysis, discovery, and diagnostics. Thermo Fisher Scientific Inc has a market cap of $20 billion and is part of the health care sector. The company has a P/E ratio of 15.5, below the average health services industry P/E ratio of 20.1 and below the S&P 500 P/E ratio of 17.7. Shares are down 2.9% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Thermo Fisher Scientific as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, reasonable valuation levels and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the negative front, Pressure BioSciences Inc ( PBIO), Volcano Corporation ( VOLC), Synergetics USA Inc ( SURG), and SRI Surgical Express Inc ( STRC) were all losers within the health services industry with Medtronic Inc ( MDT) being today's health services industry Loser Spotlight stock.

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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