Boston Scientific Inc. (BSX): Today's Featured Health Services Winner

Boston Scientific ( BSX) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day up 0.2%. By the end of trading, Boston Scientific rose 12 cents (2.2%) to $5.50 on average volume. Throughout the day, 18.1 million shares of Boston Scientific exchanged hands as compared to its average daily volume of 14.2 million shares. The stock ranged in a price between $5.36-$5.50 after having opened the day at $5.38 as compared to the previous trading day's close of $5.38. Other companies within the Health Services industry that increased today were: Genomic Health ( GHDX), up 15.6%, Response Genetics ( RGDX), up 11.1%, Dehaier Medical Systems ( DHRM), up 10.8%, and Nanosphere ( NSPH), up 10.7%.

Boston Scientific Corporation develops, manufactures, and markets medical devices used in various interventional medical specialties worldwide. Boston Scientific has a market cap of $7.62 billion and is part of the health care sector. Shares are down 0.2% year to date as of the close of trading on Wednesday. Currently there are six analysts that rate Boston Scientific a buy, one analyst rates it a sell, and 15 rate it a hold.

TheStreet Ratings rates Boston Scientific as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and generally disappointing historical performance in the stock itself.

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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