Waters Corporation (WAT): Today's Featured Health Care Loser

Waters Corporation ( WAT) pushed the Health Care sector lower today making it today's featured Health Care loser. The sector as a whole closed the day up 0.6%. By the end of trading, Waters Corporation fell $1.69 (-2.1%) to $77.83 on average volume. Throughout the day, 928,491 shares of Waters Corporation exchanged hands as compared to its average daily volume of 870,800 shares. The stock ranged in price between $77.45-$79.66 after having opened the day at $79.64 as compared to the previous trading day's close of $79.52. Other company's within the Health Care sector that declined today were: Prima Biomed Ltd. ADR ( PBMD), down 22.1%, Telik ( TELK), down 20.3%, Medgenics ( MDGN), down 11.8%, and Graymark Healthcare ( GRMH), down 11.2%.

Waters Corporation operates as an analytical instrument manufacturer primarily in the United States, Europe, Japan, and Asia. Waters Corporation has a market cap of $7.21 billion and is part of the health services industry. The company has a P/E ratio of 17.4, equal to the average health services industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 9.5% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Waters Corporation a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Waters Corporation as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Supernus Pharmaceuticals ( SUPN), up 114.2%, Aoxing Pharmaceutical Company ( AXN), up 24.6%, Escalon Medical Corporation ( ESMC), up 21.6%, and pSivida ( PSDV), up 19.7%, were all gainers within the health care sector with Celgene Corporation ( CELG) being today's featured health care sector winner.

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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