3 Stocks Boosting The Health Care Sector Higher

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.

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 44 points (-0.3%) at 15,515 as of Monday, July 29, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 829 issues advancing vs. 2,095 declining with 99 unchanged.

The Health Care sector currently sits down 0.2% versus the S&P 500, which is down 0.4%. Top gainers within the sector include Alkermes ( ALKS), up 5.3%, Shire ( SHPG), up 1.2% and WellPoint ( WLP), up 1.2%. On the negative front, top decliners within the sector include Haemonetics Corporation ( HAE), down 8.7%, Perrigo Company ( PRGO), down 6.7%, Dr. Reddy Laboratories ( RDY), down 3.3%, Alexion Pharmaceuticals ( ALXN), down 2.6% and Teva Pharmaceutical Industries ( TEVA), down 2.3%.

TheStreet would like to highlight 3 stocks pushing the sector higher today:

3. Intuitive Surgical ( ISRG) is one of the companies pushing the Health Care sector higher today. As of noon trading, Intuitive Surgical is up $7.41 (1.9%) to $389.70 on heavy volume. Thus far, 898,239 shares of Intuitive Surgical exchanged hands as compared to its average daily volume of 529,800 shares. The stock has ranged in price between $386.19-$401.00 after having opened the day at $397.30 as compared to the previous trading day's close of $382.29.

Intuitive Surgical, Inc. designs, manufactures, and markets da Vinci surgical systems, and related instruments and accessories. Intuitive Surgical has a market cap of $14.9 billion and is part of the health services industry. Shares are down 23.5% year to date as of the close of trading on Friday. Currently there are 8 analysts that rate Intuitive Surgical a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Intuitive Surgical 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, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Get the full Intuitive Surgical 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, UnitedHealth Group ( UNH) is up $0.56 (0.8%) to $72.77 on light volume. Thus far, 1.8 million shares of UnitedHealth Group exchanged hands as compared to its average daily volume of 5.4 million shares. The stock has ranged in price between $71.96-$72.84 after having opened the day at $72.11 as compared to the previous trading day's close of $72.21.

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. UnitedHealth Group has a market cap of $74.1 billion and is part of the health services industry. Shares are up 33.1% year to date as of the close of trading on Friday. Currently there are 15 analysts that rate UnitedHealth Group a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates UnitedHealth Group 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, revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full UnitedHealth Group 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, Pfizer ( PFE) is up $0.37 (1.3%) to $29.74 on light volume. Thus far, 15.8 million shares of Pfizer exchanged hands as compared to its average daily volume of 61.8 million shares. The stock has ranged in price between $29.30-$29.76 after having opened the day at $29.40 as compared to the previous trading day's close of $29.37.

Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells medicines for people and animals worldwide. Pfizer has a market cap of $206.3 billion and is part of the drugs industry. Shares are up 17.1% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Pfizer a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Pfizer as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Pfizer 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 3 stocks, ETFs may be of interest. Investors who are bullish on the health care sector could consider Health Care Select Sector SPDR ( XLV) while those bearish on the health care sector could consider ProShares Ultra Short Health Care ( RXD).

null

More from Markets

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers