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 All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 22 points (-0.2%) at 14,556 as of Monday, April 1, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 762 issues advancing vs. 2,184 declining with 121 unchanged. The Health Services industry currently sits down 1.0% versus the S&P 500, which is down 0.6%. On the negative front, top decliners within the industry include Align Technology ( ALGN), down 3.7%, Brookdale Senior Living ( BKD), down 2.4%, Agilent Technologies ( A), down 1.9%, Cooper Companies ( COO), down 1.8% and Mettler-Toledo International ( MTD), down 1.4%. TheStreet Ratings group would like to highlight 4 stocks pushing the industry higher today: 4. Health Management Associates ( HMA) is one of the companies pushing the Health Services industry higher today. As of noon trading, Health Management Associates is up $0.17 (1.3%) to $13.04 on light volume Thus far, 1.2 million shares of Health Management Associates exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $12.84-$13.22 after having opened the day at $12.89 as compared to the previous trading day's close of $12.87. Health Management Associates, Inc., through its subsidiaries, engages in the operation of general acute care hospitals and other health care facilities in non-urban communities in the United States. Health Management Associates has a market cap of $3.3 billion and is part of the health care sector. The company has a P/E ratio of 19.2, above the S&P 500 P/E ratio of 17.7. Shares are up 38.1% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Health Management Associates a buy, 2 analysts rate it a sell, and 11 rate it a hold. TheStreet Ratings rates Health Management Associates as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth, growth in earnings per share and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Health Management Associates Ratings Report now. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.
Community Health Systems may close its $7.6 billion acquisition of Health Management Associates, but with the uncertainties of a new healthcare law and the merger partners' own legal problems, it needed good timing to put reasonable financing in place.