UnitedHealth Group Inc (UNH): Today's Featured Health Services Winner

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.

UnitedHealth Group ( UNH) 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, UnitedHealth Group rose 88 cents (1.6%) to $56.54 on average volume. Throughout the day, 5.6 million shares of UnitedHealth Group exchanged hands as compared to its average daily volume of 6.3 million shares. The stock ranged in a price between $55.45-$56.63 after having opened the day at $55.52 as compared to the previous trading day's close of $55.66. Other companies within the Health Services industry that increased today were: Stereotaxis ( STXS), up 54.5%, Thermogenesis Corporation ( KOOL), up 17.6%, Enzo Biochem ( ENZ), up 7.3%, and Volcano Corporation ( VOLC), up 7%.
  • ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. UnitedHealth Group has a market cap of $57.84 billion and is part of the health care sector. The company has a P/E ratio of 10.7, 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 9.8% year to date as of the close of trading on Friday. Currently there are 15 analysts that rate UnitedHealth Group a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates UnitedHealth Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

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).

FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.
null

If you liked this article you might like

Tenet Healthcare Is 'Heavily Indebted,' Jim Cramer Warns

Cramer: Market Rushes to Refill Its Glass

Apple Is the Tom Brady of Stocks: Cramer's 'Mad Money' Recap (Thursday 8/31/17)

Boeing, Pure Storage, Activision Blizzard: 'Mad Money' Lightning Round

The Makings of Another Huge Rebound?