Life Technologies Corp (LIFE): Today's Featured Health Services Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Life Technologies ( LIFE) pushed the Health Services industry lower today making it today's featured Health Services laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Life Technologies fell 70 cents (-1.4%) to $48.73 on average volume. Throughout the day, 2.1 million shares of Life Technologies exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in price between $48.67-$49.54 after having opened the day at $49.46 as compared to the previous trading day's close of $49.44. Other companies within the Health Services industry that declined today were: USMD Holdings ( USMD), down 26.4%, Edap TMS ( EDAP), down 6.3%, Enzo Biochem ( ENZ), down 6%, and Neostem ( NBS), down 5%.
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Life Technologies Corporation operates as a global life sciences company. Life Technologies has a market cap of $8.71 billion and is part of the health care sector. The company has a P/E ratio of 20.5, 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 27.7% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate Life Technologies a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Life Technologies as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, revenue growth and attractive valuation levels. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Graymark Healthcare ( GRMH), up 33.9%, Hansen Medical ( HNSN), up 17.4%, Vanguard Health Systems ( VHS), up 7.5%, and Accuray ( ARAY), up 7.3%, were all gainers within the health services industry with Hologic ( HOLX) being today's featured health services industry leader.

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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