Zimmer Holdings ( ZMH) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day up 0.7%. By the end of trading, Zimmer Holdings rose 76 cents (1.3%) to $59.78 on average volume. Throughout the day, 1.6 million shares of Zimmer Holdings exchanged hands as compared to its average daily volume of 1.3 million shares. The stock ranged in a price between $59.16-$60.43 after having opened the day at $59.22 as compared to the previous trading day's close of $59.02. Other companies within the Health Services industry that increased today were: NeuroMetrix ( NUROD), up 23.1%, Dehaier Medical Systems ( DHRM), up 20.5%, Retractable Technologies ( RVP), up 14.3%, and Gentiva Health Services ( GTIV), up 12.1%.

Zimmer Holdings, Inc., through its subsidiaries, engages in the design, development, manufacture, and marketing of orthopedic reconstructive devices, spinal and trauma devices, dental implants, and related surgical products in the Americas, Europe, and the Asia Pacific. Zimmer Holdings has a market cap of $10.21 billion and is part of the health care sector. The company has a P/E ratio of 13.6, above the average health services industry P/E ratio of 13.5 and below the S&P 500 P/E ratio of 17.7. Shares are up 10.7% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Zimmer Holdings a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates Zimmer Holdings as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income, attractive valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Assisted Living Concepts ( ALC), down 16.3%, Neostem ( NBS), down 8.8%, Navidea Biopharmaceuticals ( NAVB), down 7.5%, and Graymark Healthcare ( GRMH), down 7.3%, were all laggards within the health services industry with Edwards Life ( EW) being today's health services industry laggard.

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).