3 Stocks Pulling The Health Services Industry Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 3 points (0.0%) at 15,545 as of Thursday, July 25, 2013, 12:49 PM ET. The NYSE advances/declines ratio sits at 1,346 issues advancing vs. 1,602 declining with 83 unchanged.

The Health Services industry currently sits up 0.4% versus the S&P 500, which is unchanged. On the negative front, top decliners within the industry include Intuitive Surgical ( ISRG), down 2.5%, and Baxter International ( BAX), down 1.1%. A company within the industry that increased today was Catamaran ( CTRX), up 1.5%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Zimmer Holdings ( ZMH) is one of the companies pushing the Health Services industry lower today. As of noon trading, Zimmer Holdings is down $0.70 (-0.8%) to $83.34 on average volume. Thus far, 617,578 shares of Zimmer Holdings exchanged hands as compared to its average daily volume of 1.0 million shares. The stock has ranged in price between $82.90-$84.43 after having opened the day at $83.98 as compared to the previous trading day's close of $84.04.

Zimmer Holdings, Inc., through its subsidiaries, engages in the design, development, manufacture, and marketing of orthopedic reconstructive devices, spinal and trauma devices, biologics, dental implants, and related surgical products in the Americas, Europe, and the Asia Pacific. Zimmer Holdings has a market cap of $14.2 billion and is part of the health care sector. Shares are up 26.8% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Zimmer Holdings a buy, 1 analyst rates it a sell, and 15 rate it a hold.

TheStreet Ratings rates Zimmer Holdings as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Zimmer Holdings Ratings Report now.

STOCKS TO BUY: 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, Humana ( HUM) is down $2.14 (-2.3%) to $89.43 on light volume. Thus far, 399,400 shares of Humana exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $89.08-$91.15 after having opened the day at $91.15 as compared to the previous trading day's close of $91.57.

Humana Inc., a health care company, offers a range of insurance products, and health and wellness services that incorporate an integrated approach to lifelong well-being. The company operates in three segments: Retail, Employer Group, and Healthcare Services. Humana has a market cap of $14.3 billion and is part of the health care sector. Shares are up 32.0% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Humana a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Humana as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Humana Ratings Report now.

STOCKS TO BUY: 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, WellPoint ( WLP) is down $1.50 (-1.7%) to $85.94 on average volume. Thus far, 1.1 million shares of WellPoint exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $85.32-$86.88 after having opened the day at $86.33 as compared to the previous trading day's close of $87.44.

WellPoint, Inc., a health benefits company, through its subsidiaries, offers network-based managed care plans to large and small employer, individual, Medicaid, and senior markets in the United States. The company operates through three segments: Commercial, Consumer, and Other. WellPoint has a market cap of $26.3 billion and is part of the health care sector. Shares are up 43.6% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate WellPoint a buy, 1 analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates WellPoint as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full WellPoint Ratings Report now.

STOCKS TO BUY: 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 3 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).
null