Community Health Systems Inc (CYH): Today's Featured Health Services Winner

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.

Community Health Systems ( CYH) pushed the Health Services industry higher today making it today's featured health services winner. The industry as a whole closed the day down 0.4%. By the end of trading, Community Health Systems rose $2.63 (5.9%) to $47.23 on heavy volume. Throughout the day, 4,939,395 shares of Community Health Systems exchanged hands as compared to its average daily volume of 1,283,400 shares. The stock ranged in a price between $44.21-$47.45 after having opened the day at $44.34 as compared to the previous trading day's close of $44.60. Other companies within the Health Services industry that increased today were: Spherix ( SPEX), up 26.3%, IsoRay ( ISR), up 12.1%, InspireMD ( NSPR), up 11.2% and ImmunoCellular Therapeutics ( IMUC), up 10.0%.

Community Health Systems, Inc., together with its subsidiaries, provides general and specialized hospital healthcare services to patients in the United States. Community Health Systems has a market cap of $4.1 billion and is part of the health care sector. Shares are up 40.6% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Community Health Systems a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates Community Health Systems as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, attractive valuation levels, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Pingtan Marine Enterprise ( PME), down 11.1%, Haemonetics Corporation ( HAE), down 7.7%, Dehaier Medical Systems ( DHRM), down 6.2% and Medical Action Industries ( MDCI), down 5.2% , were all laggards within the health services industry with Zimmer Holdings ( ZMH) 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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