Community Health Systems Inc (CYH): 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.

Community Health Systems ( CYH) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day down 0.6%. By the end of trading, Community Health Systems rose 60 cents (2%) to $30.04 on average volume. Throughout the day, 1.1 million shares of Community Health Systems exchanged hands as compared to its average daily volume of 1.3 million shares. The stock ranged in a price between $29.18-$30.39 after having opened the day at $29.50 as compared to the previous trading day's close of $29.44. Other companies within the Health Services industry that increased today were: Hooper Holmes ( HH), up 10.3%, Biolase ( BIOL), up 8.1%, Response Genetics ( RGDX), up 7.2%, and Stereotaxis ( STXS), up 6.1%.
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Community Health Systems, Inc., together with its subsidiaries, provides general and specialized hospital healthcare services to patients in the United States. Community Health Systems has a market cap of $2.71 billion and is part of the health care sector. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7. Shares are up 70.3% year to date as of the close of trading on Tuesday. Currently there are six analysts that rate Community Health Systems a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Community Health Systems as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, CombiMatrix Corporation ( CBMX), down 13.6%, Spherix ( SPEX), down 12.4%, Addus Homecare Corporation ( ADUS), down 9.6%, and Derma ( DSCI), down 7.5%, were all laggards within the health services industry with Intuitive Surgical ( ISRG) 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).

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