3. As of noon trading, St Jude Medical ( STJ) is down $1.75 (-4.1%) to $41.26 on heavy volume Thus far, 4.0 million shares of St Jude Medical exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $40.82-$42.61 after having opened the day at $42.28 as compared to the previous trading day's close of $43.01.

St. Jude Medical, Inc. develops, manufactures, and distributes cardiovascular and implantable neurostimulation medical devices worldwide. It operates in four segments: Cardiac Rhythm Management, Cardiovascular, Atrial Fibrillation, and Neuromodulation. St Jude Medical has a market cap of $13.2 billion and is part of the health services industry. The company has a P/E ratio of 12.3, below the S&P 500 P/E ratio of 17.7. Shares are up 18.5% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate St Jude Medical a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates St Jude Medical as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full St Jude Medical Ratings Report now.

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