CareFusion Corp (CFN): Today's Featured Health Services Laggard

CareFusion ( CFN) pushed the Health Services industry lower today making it today's featured Health Services laggard. The industry as a whole closed the day down 0.2%. By the end of trading, CareFusion fell $0.45 (-1.2%) to $36.36 on average volume. Throughout the day, 2,082,826 shares of CareFusion exchanged hands as compared to its average daily volume of 2,080,400 shares. The stock ranged in price between $36.32-$37.16 after having opened the day at $37.10 as compared to the previous trading day's close of $36.81. Other companies within the Health Services industry that declined today were: Pingtan Marine Enterprise ( PME), down 65.0%, CombiMatrix Corporation ( CBMX), down 14.8%, Stereotaxis ( STXS), down 12.3% and USMD Holdings ( USMD), down 10.1%.

CareFusion Corporation provides various healthcare products and services in the United States and internationally. It operates in two segments, Medical Systems and Procedural Solutions. CareFusion has a market cap of $8.0 billion and is part of the health care sector. Shares are up 28.8% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate CareFusion a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates CareFusion as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Vision-Sciences Inc (DE ( VSCI), up 9.6%, Cardica ( CRDC), up 8.7%, Dehaier Medical Systems ( DHRM), up 8.5% and IMRIS ( IMRS), up 6.3% , were all gainers within the health services industry with Abbott Laboratories ( ABT) being today's featured health services industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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