Tenet Healthcare Corp (THC): Today's Featured Health Services Winner

Tenet Healthcare ( THC) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day down 0.2%. By the end of trading, Tenet Healthcare rose $1.48 (3.4%) to $45.19 on average volume. Throughout the day, 2,275,540 shares of Tenet Healthcare exchanged hands as compared to its average daily volume of 1,879,000 shares. The stock ranged in a price between $44.29-$45.68 after having opened the day at $44.33 as compared to the previous trading day's close of $43.71. Other companies within the Health Services industry that increased today were: Uroplasty ( UPI), up 10.2%, Spherix ( SPEX), up 7.3%, OraSure Technologies ( OSUR), up 6.7% and USMD Holdings ( USMD), up 5.5%.

Tenet Healthcare Corporation, an investor-owned health care services company, owns and operates acute care hospitals, ambulatory surgery centers, diagnostic imaging centers, urgent care centers, and related health care facilities in the United States. Tenet Healthcare has a market cap of $4.5 billion and is part of the health care sector. Shares are up 34.9% year to date as of the close of trading on Monday. Currently there are 7 analysts that rate Tenet Healthcare a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Tenet Healthcare as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and poor profit margins.

On the negative front, Thermogenesis Corporation ( KOOL), down 15.4%, Addus Homecare Corporation ( ADUS), down 15.3%, American Shared Hospital Services ( AMS), down 6.5% and Air Methods ( AIRM), down 5.1% , were all laggards within the health services industry with UnitedHealth Group ( UNH) being today's health services industry laggard.

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).

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

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