Synergetics USA Inc. (SURG): Today's Featured Health Care Winner

The health care sector closed the day down 1.9%. Anadys Pharmaceuticals Inc ( ANDS), Cardium Therapeutics Inc ( CXM), Kips Bay Medical Inc ( KIPS), and Marina Biotech Inc ( MRNA) were all winners today within the health care sector with Synergetics USA Inc ( SURG) being today's featured health care winner. Synergetics USA Inc rose 5 cents (0.8%) to $6.11 on heavy volume. Throughout the day, 245,258 shares of Synergetics USA Inc exchanged hands as compared to its average daily volume of 128,600 shares.

Synergetics USA, Inc., a medical device company, engages in the design, manufacture, and marketing of microsurgical instruments and consumables primarily for ophthalmology and neurosurgery markets in the United States and internationally. Synergetics USA Inc has a market cap of $151.3 million and is part of the health services industry. The company has a P/E ratio of 26.3, 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 28.5% year to date as of the close of trading on Friday.

TheStreet Ratings rates Synergetics USA 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, increase in net income and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, IVAX Diagnostics Inc ( IVD), Pressure BioSciences Inc ( PBIO), Providence Service Corporation ( PRSC), and Neoprobe Corporation ( NEOP) were all losers within the health care sector with Life Technologies ( LIFE) being today's health care sector Loser Spotlight stock.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health care sector could consider Health Care Select Sector SPDR ( XLV) while those bearish on the health care sector could consider ProShares Ultra Short Health Care ( RXD).

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