5 Stocks Pushing The Health Services Industry Higher

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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading up 13 points (0.1%) at 15,338 as of Friday, May 31, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 963 issues advancing vs. 1,995 declining with 88 unchanged.

The Health Services industry currently sits up 0.1% versus the S&P 500, which is down 0.09. A company within the industry that increased today was Hologic ( HOLX), up 1.48. On the negative front, top decliners within the industry include Humana ( HUM), down 2.44, ResMed ( RMD), down 1.89, Aetna ( AET), down 1.57, Fresenius Medical Care AG & Co. KGaA ( FMS), down 1.40 and WellPoint ( WLP), down 1.20.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry higher today:

5. Community Health Systems ( CYH) is one of the companies pushing the Health Services industry higher today. As of noon trading, Community Health Systems is up $2.21 (4.74) to $48.83 on heavy volume Thus far, 1.5 million shares of Community Health Systems exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $46.34-$49.79 after having opened the day at $46.50 as compared to the previous trading day's close of $46.62.

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 $4.2 billion and is part of the health care sector. The company has a P/E ratio of 14.9, below the S&P 500 P/E ratio of 17.7. Shares are up 44.3% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Community Health Systems a buy, no analysts rate it a sell, and 7 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, increase in net income, revenue growth, attractive valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Community Health Systems Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

4. As of noon trading, Health Management Associates ( HMA) is up $0.52 (3.97) to $13.50 on heavy volume Thus far, 10.9 million shares of Health Management Associates exchanged hands as compared to its average daily volume of 4.5 million shares. The stock has ranged in price between $12.91-$14.13 after having opened the day at $12.95 as compared to the previous trading day's close of $12.98.

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 $3.2 billion and is part of the health care sector. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7. Shares are up 39.3% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Health Management Associates a buy, 2 analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Health Management Associates as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. Get the full Health Management Associates Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, Edwards Life ( EW) is up $1.36 (2.09) to $66.31 on average volume Thus far, 773,235 shares of Edwards Life exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $64.25-$66.63 after having opened the day at $64.65 as compared to the previous trading day's close of $64.95.

Edwards Lifesciences Corporation provides products and technologies to treat structural heart disease and critically ill patients worldwide. Edwards Life has a market cap of $7.3 billion and is part of the health care sector. The company has a P/E ratio of 20.3, above the S&P 500 P/E ratio of 17.7. Shares are down 28.0% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Edwards Life a buy, 1 analyst rates it a sell, and 9 rate it a hold.

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

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, HCA Holdings ( HCA) is up $0.54 (1.39) to $39.36 on light volume Thus far, 1.2 million shares of HCA Holdings exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $38.53-$39.67 after having opened the day at $38.78 as compared to the previous trading day's close of $38.82.

HCA Holdings, Inc., through its subsidiaries, provides health care services in the United States. HCA Holdings has a market cap of $17.0 billion and is part of the health care sector. The company has a P/E ratio of 12.5, below the S&P 500 P/E ratio of 17.7. Shares are up 28.7% year to date as of the close of trading on Thursday. Currently there are 13 analysts that rate HCA Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates HCA Holdings as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, poor profit margins and weak operating cash flow. Get the full HCA Holdings Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Boston Scientific ( BSX) is up $0.11 (1.19) to $9.38 on light volume Thus far, 5.1 million shares of Boston Scientific exchanged hands as compared to its average daily volume of 19.0 million shares. The stock has ranged in price between $9.22-$9.44 after having opened the day at $9.23 as compared to the previous trading day's close of $9.27.

Boston Scientific Corporation develops, manufactures, and markets medical devices used in various interventional medical specialties worldwide. Boston Scientific has a market cap of $12.4 billion and is part of the health care sector. Shares are up 61.8% year to date as of the close of trading on Thursday. Currently there are 5 analysts that rate Boston Scientific a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Boston Scientific as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow and feeble growth in its earnings per share. Get the full Boston Scientific Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 5 stocks, 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).

A reminder about TheStreet Ratings group: 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.

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