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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 87 points (-0.6%) at 14,874 as of Thursday, June 6, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,317 issues advancing vs. 1,603 declining with 125 unchanged.

The Health Services industry currently sits down 0.59 versus the S&P 500, which is down 0.38. Top gainers within the industry include LifePoint Hospitals ( LPNT), up 3.6%, Tenet Healthcare ( THC), up 1.8%, Covance ( CVD), up 1.7%, Smith & Nephew ( SNN), up 1.3% and Fresenius Medical Care AG & Co. KGaA ( FMS), up 0.8%. On the negative front, top decliners within the industry include ResMed ( RMD), down 3.57, and Becton Dickinson ( BDX), down 0.63.

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

5. Mettler-Toledo International ( MTD) is one of the companies pushing the Health Services industry higher today. As of noon trading, Mettler-Toledo International is up $2.05 (0.97) to $214.21 on average volume Thus far, 77,684 shares of Mettler-Toledo International exchanged hands as compared to its average daily volume of 200,200 shares. The stock has ranged in price between $211.85-$215.48 after having opened the day at $211.85 as compared to the previous trading day's close of $212.16.

Mettler-Toledo International Inc. supplies precision instruments and services worldwide. The company operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. Mettler-Toledo International has a market cap of $6.5 billion and is part of the health care sector. The company has a P/E ratio of 23.4, above 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 Wednesday. Currently there are 3 analysts that rate Mettler-Toledo International a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Mettler-Toledo International as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, good cash flow from operations, growth in earnings per share and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Mettler-Toledo International Ratings Report now.

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